By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Kerala University-run CLAS faces scrutiny over erroneous foreign remittance
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Kerala University-run CLAS faces scrutiny over erroneous foreign remittance

India News

Kerala University-run CLAS faces scrutiny over erroneous foreign remittance

Times Desk
Last updated: January 5, 2026 2:41 pm
Times Desk
Published: January 5, 2026
Share
SHARE


The Centre for Latin American Studies (CLAS) at Kerala University has found itself at the centre of a controversy over the alleged financial irregularities related to remunerations paid to a foreign journalist for online lectures conducted three years ago.

The issue pertains to a two-week summer school programme organised between May 15, 2023, and May 27, 2023 for undergraduate and postgraduate students from affiliated colleges and departments of various universities.

Following the programme, CLAS Director Girish Kumar R. had requested the State Bank of India (SBI) Karyavattom branch to remit an amount equivalent to ₹20,000 in U.S. Dollars from the centre’s account as honorarium for the Brazil-based journalist who delivered four online lectures.

However, the bank erroneously made a remittance of $20,000 to the Bank of America. It was only some weeks later that CLAS detected the absence of ₹16,51,500 from its bank account. With SBI failing to recall the amount, Dr. Kumar approached the RBI’s Banking Ombudsman. Notably, the journalist maintained that he had reversed the transaction on being informed of the folly, but the centre is yet to receive the amount.

Meanwhile, the bank acknowledged its mistake in an official communication, in which it claimed inability in recalling the excess money from the Bank of America despite repeated requests. While requesting CLAS to contact the beneficiary to seek refund of the excess amount, the bank also pledged steps to recover the sum from its officials who were involved in the erroneous fund transfer.

V-C warns of legal action

The Syndicate had constituted a sub-committee to examine the issue and recommended that the director be exempted from any disciplinary proceedings in its recent meeting. However, Vice-Chancellor in-charge Mohanan Kunnummal rejected the subcommittee’s recommendation, and also directed that those responsible for the loss must be identified. He also called for legal steps to recover the amount.

Save University Campaign Committee has petitioned the Governor to seek a Vigilance investigation on the issue. Organisation chairman R.S. Sasikumar claimed that transfer of the large sum to a foreign national without obtaining mandatory approvals from the competent authorities of the university constituted a serious lapse in financial discipline and administrative responsibility. He also alleged that the particular loss was kept undisclosed for nearly three years.

Rejecting allegations of foul play, Dr. Kumar said that the error occurred due to a serious lapse on the part of the bank. The matter has also been brought to the attention of the university authorities, and legal action is being pursued against the bank over the lapse.

Published – January 05, 2026 08:11 pm IST



Source link

Experts call for strengthening wetland monitoring
Farmers face credit crunch as PRS loans hit CIBIL scores
CBSE portal for re-evaluation faces glitches on first day; Aadhaar authentication made mandatory
Tamil Nadu election 2026: Alangulam constituency lacks job opportunities, vegetable storage facilities
Despite odds, booth-level officer in Kasaragod sets an example
TAGGED:Centre for Latin American StudiesCLASKerala UniversitySBI
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News
EntertainmentMovieMusic

Nishaanchi Part 1 and Part 2 on OTT: When and where to watch Anurag Kashyap’s gangster drama

Times Desk
Times Desk
November 14, 2025
K. Sudhakaran tenders apology to Kerala High Court
20-year-old student assaulted by batchmates in Bengaluru
Tamil Nadu Today newsletter: AIADMK rebel MLAs declare support for TVK
Goa nightclub fire: Arpora-Nagoa sarpanch appears before police
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?