India's Richest Temple, TTD, Hit by Rs 55 Cr Silk Shawl Scam

• Tirumala Temple Trust (TTD) faces a Rs 55 crore silk shawl scam spanning a decade.
• A supplier allegedly provided polyester shawls, billed as pure mulberry silk, costing Rs 350 but charged at Rs 1,300.
• An internal vigilance inquiry uncovered the scam, and the Anti-Corruption Bureau is now investigating.
• TTD, managing the Tirumala temple, has a net worth of approximately Rs 3 lakh crore and is governed by a government-appointed Board of Trustees.
• This is the latest in a series of controversies for TTD, following allegations of adulterated ghee and hundi theft.

Why It Matters: A Rs 55 crore scam at India's richest temple erodes public faith.