Monday, August 26, 2013

Jalna cops book 29 cooperative bank members

..........Accepting the plea, the government appointed a special auditor class-II, who after auditing, made five reports of each year and submitted his 28-page report on December 29, 2010 and recommended registering criminal cases against the violators of RBI norms. A copy of this was also submitted to the divisional office. "On June 5, 2013, the divisional joint registrar of accounts directed the police to lodge a complaint, but still no complaint was registered. As a last resort, the matter was brought to court, added Kakde. "The amount misappropriated can only be established after a re-audit by the government. The deposits kept by the customers were distributed without even maintaining basic documents. Most of the RBI norms were violated in the distribution of loans," Kamtikar said............

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