EPF scam: Power staff up in arms To stage demonstration today

| | Lucknow
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EPF scam: Power staff up in arms To stage demonstration today

Thursday, 14 November 2019 | PNS | Lucknow

Even as the Economic Offences Wing (EOW) of Uttar Pradesh Police arrested a broker in connection with alleged unauthorised investment of power employees provident fund in a private housing finance company, the power employees are up in arms against the Yogi Adityanath government over the scam.

The power employees along with their family members will stage demonstration at the Shakti Bhawan here on Thursday.

Power Employees Joint Action Committee convenor Shailendra Dubey said here on Wednesday that the demonstration would be held in protest against the apathy of the state government in the matter and delay in take-over of the investigation by the CBI.

He said no senior officer involved in the scam had been arrested so far.

Dubey said the power employees were demanding an undertaking from the state government for payment of provident fund and arrest of former UPPCL chairman, who was instrumental in investing the employees provident fund in the private company DHFL.

“We have decided that the family members of the employees, including their spouses, mother, father, sisters, brothers and children, will stage demonstration in front of the UP Power Corporation Limited headquarters, Shakti Bhawan, on Thursday morning,” Dubey said in a statement here.

Meanwhile, the agitation by the power employees continued for the ninth consecutive day on Wednesday. They are demanding stern action against the guilty officials and government’s commitment on payment of provident fund to the employees.

The Power Employee’s Joint Action Committee has raised question over the enquiry entrusted to the EOW by the UP government.

The committee said most of the investment in DHFL was made after the BJP came to power in March 2017 and only Rs 18 crore were invested in the private company during the previous Samajwadi Party regime.

It alleged that to shield the senior UPPCL officials, mostly IAS officers, the state government was delaying the probe by the CBI and the investigation of the EOW was just eyewash.

The EOW has arrested Abhinav, son of former general secretary of UPPCL Employees’ Trust PK Gupta, who is said to be the broker in the investment of the fund in DHFL.

Abhinav had surrendered before the EOW on Tuesday night and during interrogation he gave details of the other brokers and fake companies through which the deal was finalised and the investment was made.

During the investigation, it was found that 14 broker firms were involved in the investment of UPPCL employees provident fund in the DHFL. The addresses of the brokers given by Abhinav were found to be fake.

The EOW has already arrested former general secretary PK Gupta, Director (Finance) of the employees trust Sudhanshu Dwivedi and former MD of UPPCL AP Mishra in connection with the scam.

The DHFL, on the other hand, has sought permission from the Bombay High Court to return the investments made by the UPPCL Employees Trust.

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