📷 Image: Wikimedia Commons / https://manipur.gov.in/wp-content/uploads/2026/02/
Business
Khemchand Affirms No Funds Borrowed Beyond Authorized Limit
✍️ The Sangai Express
🗓 04 Sep 2026, 07:18 AM
👁 4
Khemchand stated that borrowing has remained within the prescribed limits, rejecting claims of excess fund usage.
Senior official Khemchand addressed recent speculation about financial borrowing, asserting that all funds have been drawn strictly within the authorized limits. He emphasized that no excess borrowing has occurred beyond the stipulated caps set by the relevant authorities.
According to Khemchand, the borrowing process has adhered to established guidelines, and every transaction has been recorded and monitored for compliance. He highlighted that internal audits and external reviews corroborate the claim that borrowing remains within permissible bounds.
The official called for reliance on verified data rather than rumors, urging stakeholders to consider the audit findings that confirm financial discipline. He reiterated the commitment to transparency and said that any future borrowing will continue to respect the same limits.
Khemchand concluded by stating that the organization remains vigilant in its financial management and will provide updates as necessary to maintain public confidence.
According to Khemchand, the borrowing process has adhered to established guidelines, and every transaction has been recorded and monitored for compliance. He highlighted that internal audits and external reviews corroborate the claim that borrowing remains within permissible bounds.
The official called for reliance on verified data rather than rumors, urging stakeholders to consider the audit findings that confirm financial discipline. He reiterated the commitment to transparency and said that any future borrowing will continue to respect the same limits.
Khemchand concluded by stating that the organization remains vigilant in its financial management and will provide updates as necessary to maintain public confidence.