Embezzlement by Teesta and her husband Javed Anand.


Between FY 2003-04 and FY 2013-14 (10 years) Sabrang Trust and Citizens for Justice and Peace (CJP) together received a total amount of Rs. 9.7 crore. It is alleged that 39.5% of this total amount was transferred to the personal accounts of Teesta Setalvad and Javed Anand. The break-up of the same according to the figures of the Investigating Officer are:

Sr No	Particulars	Amount (Rs.)	% of total receipts of Sabrang Trust and CJP	Average (over 10 years) payments/reimbursements per month	Remarks
1	Salary/honorarium to Teesta Setalvad	46,91,250	4.8	Around Rs. 39,000 p.m.	The payments to Teesta Setalvad were not as trustee but for her executing projects as per signed agreements with donor agencies.
2	Salary/honorarium to Javed Anand	28,34,804	2.9	Around 23,500 p.m.	The payments to Teesta Setalvad were not as trustee but for her executing/administering projects as per signed agreements with donor agencies.
3	Reimbursement of shared office expenses to Sabrang Communications and Publishing Pvt. Ltd. (SC&P)	1,69,84,669	17.5	Around Rs. 1,40,000 p.m. OR an average of Rs.70,000 p.m. each for the two trusts.	Formed in 1993, Sabrang Communications was provided rent-free office space (around 700 sq ft carpet area) by Mr. Atul Setalvad, father of Teesta Setalvad. Sabrang Trust was formed in late 1995 but became active only from 2003 onwards. CJP was formed in 2002. Between 1993 and 2002, Sabrang Communications spent lakhs of rupees on office renovation, furniture and fixture, air-conditioning, 12 computers, printers, photocopier, scanners, books and videos etc. It also hired and trained a team of 10 staff members. The trustees of Sabrang Trust and CJP (other than Teesta and Javed) wanted to save on infrastructure and establishment expenses of their respective trusts. Further, the 10 member staff team (excluding Teesta and Javed had been trained in addressing the issue of communalism (Sabrang Communications published the magazine ‘Communalism Combat’). Since communalism was also a principal concern for Sabrang Trust (advocacy and secular education in schools) and CJP (legal intervention), the trustees wishing to save on staff costs also, the two trusts entered into a costs-sharing arrangement with Sabrang Communications (SC). Expenses on staff and office infrastructure were initially incurred by SC and a mutually agreed upon percentage of total expenses incurred by SC was reimbursed reimbursed by Sabrang Trust and CJP. An average monthly expense of Rs. 70,000 over 10 years by each trust on shared staff AND office expenses (electricity, telephone, mobile, internet bills, repair/maintenance/renovation/upgrading of office premise/equipments cannot be considered excessive. Not a rupee was ever charged as rent to either of the trusts, neither Teesta nor Javed benefited even by a rupee through the costs-sharing agreements through frequently reviewed and revised decisions of the other trustees.
4	Cash withdrawals	1,08,73,782	11.2	Around Rs. 90,000 p.m., OR an average of Rs. 45,000 p.m. each for the two trusts.	Through his allegation the investigating officer has effectively confirmed that over the years, only 11.2% of the expenses of the trusts were incurred through cash payments, while the remaining 88.8 % was through cheque payments. No organisation in the world can operate without petty cash expenses.
5	Reimbursement for expenses through credit card of Teesta Setalvad	26,33,105	2.7	Around Rs. 36,500 p.m. over a 6 year period OR Rs. 18,250 p.m. each for the two trusts.	Teesta has provided documentation to establish that only those expenses pertaining to the activities of Sabrang Trust and CJP were claimed from and reimbursed by the two trusts. No personal expenses incurred through her personal credit card was ever charged to the trusts. The same has also been confirmed by the auditors of Sabrang Trust and auditors of CJP.
6	Reimbursement for expenses through credit card of Javed Anand	3,33,016	0.3	Around Rs. 4,600 p.m. over a 6 year period OR Rs. 2,300 p.m. each for the two trusts.	Javed has provided documentation to establish that only those expenses pertaining to the activities of Sabrang Trust and CJP were claimed from and reimbursed by the two trusts. No personal expenses incurred through his personal credit card was ever charged to the trusts. The same has also been confirmed by the auditors of Sabrang Trust and auditors of CJP.
7	Total amounts alleged transferred/utilized for personal expenses by Teesta Setalvad and Javed Anand	3,85,00,896	39.5
8	Total funds received by Sabrang Trust and CJP between FY 2003-04 and FY 2013-14.	9,74,75,100	100