The action demanded also against Coop dept officers
Those involved in Mumbai Bank scam are being repeatedly protected by NABARD and officers of the state Coop dept. As such the inquiry should be jointly conducted by the Income Tax dept, Enforcement Directorate and Maharashtra ACB into the murkier deals of the bank, social worker and Advocate Dilip Inkar demanded, while speaking to Sprouts.
The Mumbai District Cooperative Bank has become a hotbed of corruption. Leader of the Opposition in the state legislative council Pravin Darekar had been a Director of the bank for the last several years. Besides, many other legislators are on its board of directors. That is the reason no concrete action is being taken against the bank.
Mumbai Bank shows dustbin to RBI directions
The scams are coming to the fore day in and day out in Mumbai Bank. The RBI had directed that the bank’s board of directors be abolished. Based on RBI directions, the Commissioner for Cooperatives sent 22 letters to the Joint registrar. But no action was taken and subsequently it was stated by the Commissioner that the bank’s financial condition was improving and no penal action needed to be taken, information obtained through RTI revealed.
A list of corrupt Joint Registrars include Vikas Rasal, Mohmmed Arif, Bajirao Shinde and others. Banking expert and leader of the bank employees Vishwas Utagi, in a letter to Mumbai Police Commissioner Sanjay Pandey, has demanded criminal action against erring officers of the cooperation dept. How former NABARD officer Pandhari Nikhare, could join the Mumbai Bank as a consultant soon after his retirement ? Utagi questioned.
Darekar has been claiming that the financial condition of Mumbai bank is good. But this claim is fake. If the bank is doing well then why are the bank employees being deprived of pay hike and bonus, Utagi asked.
