Thiruvananthapuram, Jan. 5 -- The Centre for Latin American Studies (CLAS), Kerala University, has issued a clarification dismissing certain reports related to an erroneous foreign remittance as "false, baseless and misleading".
In a statement, Prof. Girish R. Kumar, Director of the Centre, said the transaction in question was linked to a cultural exchange programme and summer school, for which an honorarium of Rs 20,000 was to be paid to a visiting faculty memberThe State Bank of India (SBI) was entrusted with effecting the transfer, but due to a lapse on the part of the bank, USD 20,000 was transferred instead of Rs 20,000.
The Centre stated that immediate steps were taken to contact both the bank and the recipient upon noticing the err...