Rs. 40,000 Crore worth Satya Saibaba Trust AP Government sends team to fix or take over Saibaba trust Who will be owner of Satya Saibaba Trust

Rs. 40,000 Crore worth Satya Saibaba Trust
AP Government sends team to fix or take over Saibaba trust
Who will be owner of Satya Saibaba Trust?

Andhra Pradesh Government has sent a five-member team to Puttaparthi to find out whether there is a need for the state to take over the affairs of the Satya Sai Central Trust.

The five-member team comprises
1.
principal secretary, finance, L V Subramanyam

2.
principal secretary, health, P V Ramesh

3.
director of medical education Dr Raghu Raju

4.
Osmania General Hospital (OGH) cardiologist Dr Laxman Rao

5.
OGH general physician Dr Bhanu Prasad



The 5 member team will find out whether there is a proper accounting system and spending mechanism in place in the trust.
Or government may take over the Satya Saibaba Trust

Satya Sai Central Trust runs many charitable schemes.
Satya Sai Central Trust who is who?
1.
Satya Sai baba is its - chairman.

2.
Former IAS officer K Chakravarthi is its – secretary

3.
J Ratnakar, son of Satya Saibaba's brother Janakiram – member

4.
Indulal Shaw (businessman from Mumbai) – member

5.
former chief justice of India justice P N Bhagwati – member

6.
Venu Srinivasan (CMD of TVS Motors) – member

7.
S V Giri (former VC of Satya Sai University) – member


The Satya Sai Central Trust runs the
1. university complex,
2. a speciality hospital,
3. a world religious museum Chaitanya Jyoti,
4. a planetarium,
5. a railway station,
6. a hill-view stadium,
7. a music college,
8. an administrative building,
9. an airport,
10. an indoor sports stadium
11. sports complex in Puttaparthi.

there are an estimated 1,200 Satya Saibaba centres in over 180 countries running schools and health and cultural centres.

According to income tax department Satya Sai Central Trust is worth more than Rs 40,000 crore.
All donations to the trust receive complete tax exemption.

Every year Satya Saibaba trust receives hundreds of crores of rupees as donations from foreign individuals.

Reality views by sm –
Wednesday, April 06, 2011

Keywords Tags - Satya Sai Baba Trust properties , Saibaba trust dispute ,
Saibaba trust ownership