Since many financial irregularities have come to the fore in the inquiry conducted by the State Cooperation department, the chairmanship has been entrusted to the NCP candidate to avoid any further disciplinary action. This is nothing but a compromise deal.
A special investigation team of “Sprouts” has revealed that the earlier board of directors has been presented in the new form.
The bank will be required to submit an affidavit about reported defective voter constituencies and erroneous electoral rolls, to the Election Commissioner and the state Cooperation commissioner when the matter comes up for hearing in the Bombay High Court. A further light will be thrown based on the report to be submitted by the state Cooperation Commissioner in the matter.
Ex Chairman Pravin Darekar was getting elected for the years together, with the help of the same old directors. How the internal machinery has been working will be exposed once the matter comes up for hearing in the Bombay High Court, Banking expert Vishwas Utagi said while speaking to “Sprouts”.
Former Chairman and leader of the Opposition in the state legislative council Pravin Darekar was planning to make the five yearly election unopposed to give a befitting reply to his opponents hurling allegations against him. That is the reason he worked out a compromise formula in consultation with MVA leaders. Using all his strength, he ensured that 17 out of 21 members were elected unopposed. During the same efforts, he was disqualified from “labour constituency” by the state Cooperation department, on the eve of the election.
In between Minister Nawab Malik gave a letter to the chief minister demanding a ban on the “Corrupt” Darekar from contesting the election and as such Darekar refrained from contesting the election and eventually could not become the chairman.
But almost all directors of Mumbai Bank are loyal to Darekar and they have been named in the corrupt deals of the bank, by the state Cooperation department in its report. Many times it has become clear that although the directors belong to different parties they take the decisions collectively. That is the reason to cover up their misdeeds and avoid any action, NCP’s Siddharth Kamble has been made the chairman who could be used as a protective shield, Vishwas Utagi said.
The election to the post of the chairmanship of the Mumbai Bank is nothing but a “shadow-boxing” and all the directors are sailing in the same boat. The opponents of Pravin Darekar belong to the same breed and all are corrupt. It is like “you beat me and I will weep”
Maharashtra Secretary, AAP Dhananjay Shinde.
A plan to shield financial scam worth crores
Old wine in new bottle
A dummy change of guard
A shadow boxing between Darekar and his opponents
Stage-managed change of guard at Mumbai Bank
A plan to shield financial scam worth crores
An all party ploy to protect scamsters
