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No malafide intention in fund diversion at GIPE

Hindustan Times Pune

|

April 09, 2025

Amid mounting controversy over the alleged diversion of funds from the Gokhale Institute of Politics and Economics (GIPE) to free hold land in Nagpur as the lease was expiring, the president of the Servants of India Society (SIS), Damodar Sahoo, on Monday defended the transaction, asserting there was no malafide intent behind it.

- Dheeraj Bengurt

PUNE:

SIS secretary Milind Deshmukh was arrested by Pune police on April 6 for allegedly transferring ₹1.42 crore from GIPE's funds in 2022 to acquire land in Nagpur for SIS.

Speaking in Pune after arriving from Bhubaneswar, Sahoo claimed the case against Deshmukh was filed "without prior notice" and accused authorities of bypassing due process. "The FIR was registered without any formal intimation to the society or its trustees. While GIPE's vice-chancellor was in open dialogue with Deshmukh, an illegally appointed deputy registrar went ahead and got an offence registered," Sahoo alleged.

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