A team from the Punjab Accountant General (AG) office has been doing Punjabi University's rounds to conduct a special audit of the General Provident Fund (GPF) accounts.
Anomalies have allegedly been detected in transfer and distribution of GPF of employees. A senior audit officer in Punjab said, on the condition of anonymity, that the team had been sent to the campus on instructions of the Indian Comptroller and Auditor General (CAG).
The CAG has received several complaints of alleged irregularities in maintenance of GPF accounts at the varsity.
"CAG has received complaints against university authorities for not dispersing GPF amount on time. Bypassing norms of depositing stipulated GPF amount in employees' accounts every month, authorities deposited the money only after three-four months. No interest was also paid," a complaint letter reads.
GPF is a part of gross salary of the employee and should be deposited into GPF accounts of all employees on the same day, the salary is paid.
The official added that the months in which the GPF was not released, it was allegedly used for other purposes and projects, even as employees kept on losing on interest income.
"Our team has been analysing and compiling the files on record, which will be sent to the CAG for action," the official added.
Meanwhile, information suggest that some part of the employees' GPF, which had not been transferred since October 2012, was later on deposited in May 2013, by the university's finance department. In 2011 too, it had delayed putting the money into GPF accounts by almost three months.
Senior auditor Surjit Kaur Kalsi, who is also secretary to Punjab AG, confirmed that a complaint had been received by them from the CAG office.
"Serious complaints have been made against the university, pertaining to transfer of the amount into the GPF treasury of its employees," she said.
Officiating registrar Davinder Singh said that a team from the Punjab AG had visited the campus and left after conducting an audit.
"The auditors had come to collect data regarding GPF issue," he said. Registrar and financial advisor AS Chawla, under whose stint the above alleged delay in transferring of GPF amount was detected, is not available for comments as is abroad and returns on August 9.
Punjabi University Teacher Co-Coordination Committee (PUTCC), Class A and Class B employees association had recently approached vice-chancellor Jaspal Singh for a probe.