Government to start recovery process from May 22 next year

NEW DELHI: Stating that there was corruption of Rs1,088 crore in Maharashtra State Cooperative Bank, minister for cooperation Chandrakant Patil announced that procedure for recovery from the involved directors, including several politicians would be started from May 22, 2016.


Patil informed the House that there are 77 persons who are involved in the irregularities which have been proved to be worth Rs1,088 crore. “There are leaders, including Ajit Pawar, Vijay Vadettiwar, Vijaysinh Mohite-Patil, Prasad Tanpure, Ramprasad Bordika, Tukaram Dighole and others who are involved in the scam,” said Patil.

The minister was responding to call attention motion moved by BJP MLA Anil Gote who had raised the issue of corruption in the states apex bank. Gote had asked whether the cooperative department was not getting cooperation from the bank while conducting inquiry.

While minister of state for cooperation Dada Bhuse informed that the action would be taken against bank employees who have not cooperated with the inquiry, Patil informed the state assembly that the inquiry was going on under Section 88 of the Cooperatives Act and the two-year limit of the inquiry is coming to an end on May 22, 2016.

Patil informed that after May 22, 2016, the government would start the procedure of recovering the money by taking appropriate action against these individuals.

Posted by on December 23, 2015. Filed under Economy. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.