The Hindu
The Hindu
AsiaPac · 8 mins ago

Hariprasad urges SIT probe into cooperative bank irregularities involving BJP MLA

B.K. Hariprasad | Photo Credit: SUDHAKARA JAIN Congress member of the Legislative Council B.K. Hariprasad on Wednesday demanded a Special Investigation Team (SIT) probe into the alleged irregularities in the Mahalaxmi Cooperative Bank in Malpe, Udupi district.Speaking in the Legislative Council, he alleged that a fraud of over ₹25 crore had been committed by creating fake documents showing that customers had availed loans from the Mahalaxmi Cooperative Bank.“The chairman of this bank is a local Member of the Legislative Assembly (MLA), and there is suspicion of large-scale financial irregularities. Recently, the manager of the same bank died by suicide. However, on the face of it, it appears to be a murder, and there may be involvement of unknown persons,” he alleged, demanding that an SIT
The Hindu
Do you trust The Hindu?
Sign in to rate
Discussion
?

No comments yet — be the first to start the discussion!