Kickbacks to bigwigs in TTD gold deposits?

The recent controversy over transportation of gold bars from Punjab National Bank in Chennai to Tirupati without proper security and documents has brought a bad name to the Tirumala Tirupati Devasthanams, which has already been in neck deep controversies over missing jewellery and digging of kitchen.

Now, there are suspicions over the way TTD is depositing its money and gold in various banks. Already, there was a criticism on the TTD trust board for engaging private banks for deposits of thousands of crores.

Former Congress MP Chinta Mohan has alleged that huge kickbacks were paid to some political bigwigs in depositing the TTD income in various banks. He demanded that the government should make all details public.

Chinta Mohan, who held a dharna at TTD administrative building in protest against recent controversy over gold deposits, said devotees from across the breadth and width of the country as well as from abroad visit Tirumala and give offerings to Lord Venkateswara.

“While depositing the TTD income in various banks some big shots in TTD have been getting hundreds of crores as kickbacks. Banks have been offering them one per cent commission for depositing with them,” Mohan alleged and demanded a thorough enquiry into his charges.

He found fault with the TTD for depositing hundreds of crores in the neighbouring states of Tamil Nadu, Karnataka etc., with which they could be able to provide more loans to the people and helping for their empowerment, jeopardising our economic development.

Chinta demanded the TTD to make deposits at the national bank branches in the drought affected Chittoor district which will help the people here.

Mohan questioned the motive behind depositing in other states when all national banks have opened their branches in the district.


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