Summary:
By Express News ServiceTHIRUVANANTHAPURAM: The State Human Rights Protection Centre has sought immediate prosecution of the former managing director of Kerala Agro Machinery Corporation (Kamco) after suspending him from service for his alleged involvement in the irregularities to the tune of Rs 1,000 crore unearthed in the state-run PSU. The report on PSUs for the 2014-15 fiscal has some serious findings. It said the company’s purchase procedures were in violation of the provisions in the Stores Purchase Manual. Though a formal investigation was launched by the vigilance, it has failed to complete the proceedings even after four years of probe, said State Human Rights Protection Centre general secretary Joy Kaitharath in his petition to the Industries Minister. The officer, who has been accused of committing corruption, was later given charge as the MD of the public sector Handicrafts Development Corporation of Kerala..