Storm in Akshaya Patra’s teacup: Trustees tell TNM why they resigned -Pooja Prasanna

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published Published on Nov 18, 2020   modified Modified on Nov 18, 2020

-TheNewsMinute.com

One of the trustees who resigned, Mohandas Pai, told TNM that allegations of misuse of funds led to friction between independent trustees and ISKCON missionaries on the board.

The resignation of four independent trustees of the Akshaya Patra Foundation (APF) has raised questions over the future of a programme that distributes over 18 lakh meals every day in 12 states across the country. The four trustees – former Infosys CEO Mohandas Pai; advisor to Manipal education and medical group Abhay Jain; former Infosys CFO V Balakrishnan; and co-founder of ChrysCapital Raj Kondur – have alleged that an audit committee formed to look into allegations of misuse of funds in the foundation, was targeted by the Chairman, Madhu Pandit Dasa, and his supporters on the board in order to resist transparency.

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TheNewsMinute.com, 18 November, 2020, https://www.thenewsminute.com/article/storm-akshaya-patra-s-teacup-trustees-tell-tnm-why-they-resigned-137847


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