Fights over bank accounts intensify between AP and Telangana
Hyderabad: Differences between Telangana and Andhra Pradesh have cropped up again over funds of the institutions listed in the 10th Schedule of the AP Reorganisation Act 2014.
Both states are already in a legal fight over operating bank accounts of the AP State Council for Higher Education. When the Telangana government froze the APSCHE’s SBI account, the AP government and the APSCHE moved the High Court.
The court ordered on May 1 that the APSCHE had no right over its erstwhile bank accounts since Telangana had constituted its own council and had adopted the Higher Education Act.
The HC declared that all bankers of the erstwhile APSCHE would recognise and allow the present Telangana Council for Higher Education to operate the bank accounts. The APSCHE and the AP government moved the SC, which adjourned the case without saying anything regarding the APSCHE operating the bank accounts.
At this juncture, the AP government on Wednesday moved the HC questioning the action of the secretary to the BIE of Telangana asking the SBI, Mozamjahi Market branch, to freeze the accounts of the AP Board.
AP has claimed that the assets and liabilities of the erstwhile Board was apportioned between the AP and TS Boards and AP Board had opened the separate accounts.