Ex-servicemen body wants Sainik Welfare Department fund probed

DAYs after The Indian Express published reports pointing out how Rs 3 crore loan was extended to Maharashtra Ex-Servicemen Corporation Ltd (MESCO) by Department of Sainik Welfare (DSW) without proper authorisation, a city-based ex-servicemen organisation has approached the Chief Minister demanding action against DSW officials.

Indian Ex-Servicemen Movement (IESM) a pan-India ex-servicemen organisation with its branch in the city Friday wrote to Chief Minister Prithviraj Chavan demanding an inquiry into DSW's fund management.

Commander Ravindra Pathak, a member of the governing council and pension cell of the Indian Ex- Servicemen Movement (IESM) in his email to Chavan wrote, "It is requested an inquiry be ordered into the working of the Sainik Kalyan Vibhag. MESCO claims to have earned a profit of Rs 21.6 crore. No audits have been conducted since 2009. According to a RTI reply, audited balance sheets of MESCO are available on ROC (Registrar of Companies) website. I found nothing."

Pathak said a reply from the CM office is awaited and that IESM will be following the matter with the Chief Minister/ Defence Minister. The Indian Express had recently reported that DSW has extended loan of Rs 3 crore to MESCO without the sanction of the Chief Minster/ Governor to buy land at MIDC. It was also reported that MESCO has not repaid the loan till date when it was given on the condition to be returned by October 11, 2011.

Attaching the reports from this paper, Pathak asked if MESCO is in profit why has it not transferred the profits to Flag Day fund.

"It has been stated on their website that profits of MESCO would go to Flag Day Fund. But as per the answer to the RTI query, only Rs 15 lakh has been transferred to Flag Day fund for 2009-2010 and 2010-2011, when profits are Rs 21.6 crore. What happened to the balance amount?" Pathak asked.

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