DDs worth `10 lakh lapse due to AU apathy

Highlights

DDs Worth `10 Lakh Lapse Due To AU Apathy. It is learnt that on earlier occasion, too, DDs worth Rs 15 lakh lapsed due to similar negligence and no action was taken against the erring officials.

AU had advertised recruitment for non-teaching posts

Candidates submitted applications along with DDs
But, DDs not deposited in banks within validity period
Issue came to light when bankers rejected lapsed DDs
Visakhapatnam: Demand Drafts worth about Rs 10 lakh submitted by the candidates seeking employment for the backlog posts of non-teaching cadre, announced by the Andhra University (AU) recently, lapsed as the authorities have failed to deposit them in time in their account.
According to information available, as many as 10,000 candidates have submitted applications along with Demand Drafts taken on different banks towards the fee. The DDs should be deposited in the AU bank account within the stipulated period of three months.
However, the University officials kept postponing the issue till it was too late. The issue came to light when bankers refused to honour the lapsed DDs. The AU authorities are making frantic efforts to contact the heads of banks, pleading for extension of the validity of DDs.
The negligence of the section head who processed the applications and the head of the finance department besides lack of effective administrative supervision were said to be main reasons for the lapse. However, the top authorities are claiming that the incident happened inadvertently, and that they were exploring alternative methods to encash the DDs without burdening the candidates anymore.
It is learnt that on earlier occasion, too, DDs worth Rs 15 lakh lapsed due to similar negligence and no action was taken against the erring officials.
“The university shall have to appoint a qualified and an experienced Chartered Accountant as head of the finance department to oversee all banking transactions from time to time, and the university administration is not done effectively run by teaching professionals, say university sources.
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