Thiruvananthapuram, Jan. 5 -- : A serious financial irregularity involving the transfer of USD 20,000 instead of the approved Rs 20,000 has surfaced at Kerala University, causing an estimated loss of Rs 17 lakh to the institution.

The alleged scam occurred at the university's Latin American Studies Centre and is said to have remained undisclosed for nearly three years, prompting demands for a Vigilance inquiry, according to the Save University Campaign Committee here on Monday.

The issue came to light after it was found that an online lecture delivered by a foreign journalist, who reportedly had no recognised research degree or academic publications, was approved an honorarium of Rs 20,000.

However, instead of transferring the sanctioned...