3-member panel to study Sai Trust report

HYDERABAD: The endowments department has constituted a three-member expert committee to go into the voluminous 500-page report submitted by the Satya Sai Central Trust on their income, expenditure and activities as sought by the state government.The committee comprises banking and finance expert Narasimha Murthy, deputy secretary, Law, M Sri Hari Babu and joint secretary, revenue OVR Reddy, who will act as member secretary and coordinator for the committee.As the report submitted by the Satya Sai Central Trust comprises audit reports, principal secretary of endowments Dr K V Ramanachary had constituted the committee to go into the report. The committee will submit its report to the principal secretary by July 20. Later the report would be submitted to the chief minister for further action, sources said.