MSPCL duo accused of anomalies in salary transfer
Source: Chronicle News Service

Imphal, May 23 2025: Top officials of Manipur State Power Company Limited (MSPCL) have been accused of allegedly transferring the salaries of the Department's staffers to personal bank accounts.

According to a reliable source, the officials of MSPCL deposited over Rs 1 crore to the bank account (a/c no.34481437700) of one Yendrembam Keinahanbi Devi opened at SBI Paona Bazar as arrear amount of 10 years (1/4/2014 to 31/3/2024) .

Keinahanbi is not a staff of the department.

In this regard, MSPCL managing director Ng Subhachandra suspended deputy manager (finance & account) Y Stella on March 3, 2024 and initiated a departmental enquiry.

However, no findings have been provided even after a year has passed.

The important point, however, is that both managing director Ng Subhachandra and executive director M Rubina are the joint signatories for all financial transactions.

Although there is huge suspicion of the involvement of these two top officials, no FIR has been registered against the deputy manager and the departmental enquiry concluded till date, the source conveyed.

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