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EPF scam: Yogi govt promises to return money of UPPCL employees

The Yogi Adityanath-led BJP government on Saturday promised that it will return the money of UPPCL employees in connection with the investment of over Rs 2,600 crore of the state power employees’ provident fund in scam-hit housing finance firm DHFL.

Yogi Adityanath (Photo: PTI)

The Yogi Adityanath-led BJP government on Saturday promised that it will return the money of UPPCL employees in connection with the investment of over Rs 2,600 crore of the state power employees’ provident fund in scam-hit housing finance firm DHFL.

Uttar Pradesh Principal Secretary Energy on Saturday assured that if the money is not received from DHFL under the legal process, then the power corporation of the government will pay the PF money of the employees.

“If the power corporation has problems with money, then the trust will be given loan from the government’s tax so that the employees’ PF money can be returned,” UP Principal Secretary Energy said.

Earlier, two officers were arrested in a case related to the alleged investment of over Rs 2,600 crore of UPPCL employees’ PF money into the scam-hit DHFL.

Praveen Kumar Gupta, who was the secretary of the Uttar Pradesh State Power Employees Trust and the Provident Fund Trust of the Uttar Pradesh Power Corporation in 2016, and then Director, Finance, Sudhanshu Dwivedi, were arrested after an FIR was lodged against them at Hazratganj Police station.

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