A CYBER fraud targeted at a public sector power distribution company in Gujarat has inadvertently exposed what appears to be laxity in legal procedures followed before transfer of large amounts of government funds that has now led to loss to the exchequer. The Rajkot City Cybercrime Branch on Monday booked unidentified persons for cheating and impersonation of a public servant, after Kintukumar Shashikant Malkan (54),  General Manager (Finance) of Paschim Gujarat Vij Corporation Limited (PGVCL), transferred Rs 45.60 lakh to cyber criminals who allegedly impersonated his boss, IAS officer K P Joshi, managing director (MD) of PGVCL. Police said that of the Rs 45.60 lakh transferred by Malkan, based only on a WhatsApp message by someone claiming to be his boss, the police had managed to freeze Rs 43 lakh but the miscreants had managed to withdraw Rs 2.5 lakh of government funds by then.…