Tuesday, July 15, 2014

Over 5k bank officials face action in loan waiver scam

The government has initiated action against more than 5,400 bank officials related to irregularities in the agricultural debt waiver scheme. At least 6,823 ineligible beneficiaries have been detected so far and Rs 627 crore recovered from them. In response to a question in Lok Sabha, finance minister Arun Jaitley said 6,823 ineligible beneficiaries were detected in the 2008-09 agriculture debt waiver scheme. The minister said that action was initiated against 5,411 bank officials and 22 FIRs were registered............

Read - TOI

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