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Sathya Sai Trust to Make Assets Public

Hit by charges of financial irregularities, the Sathya Sai Baba Trust at Puttaparthi has decided to make its assets public. Under pressure over charges of financial irregularities and the Rs 35 lakh cash haul, the Sathya Sai trust has denied any wrongdoing and says it will make its side of the story public. The trust officials will hold a press conference on Tuesday.

The Andhra Pradesh government on Monday had issued an ultimatum to the Sri Sathya Sai Central Trust, the administrative body that manages the Rs 40,000 crore empire of the late spiritual guru Sathya Sai Baba. The Trust has been asked to furnish information on its activities, revenues and assets within 10 days. "In the light of the doubts expressed on certain aspects of the functioning of the Trust, it was felt that it was essential to bring out the facts transparently for public knowledge," said a government press release.

The trust has come under the scanner after the police seized cash worth Rs 35 lakh from a car belonging to the trust at the Andhra-Karnataka border a fortnight ago. Two Sathya Sai trustees RJ Ratnakar and V Srinivasan have already been interrogated by the Andhra Pradesh police in connection with the cash seizure case. However, Ratnakar, who is also the late Sathya Sai Baba's nephew, has dismissed the allegations.