............... Despite committee deciding to transfer the Rs 2.29 crore to Union bank of India on March 1, 2012, the executive officer went ahead keeping the amount in Amanath Bank as savings in May 2012. However, Rs 2 crore was converted as fixed deposit for a period of three months in December 2012," the minister said. Islam said of late Amanath Bank has come under Reserve Bank of India, therefore deposits cannot be withdrawn immediately. The minister also assured the House that he would write to department of personal and administrative reforms ( DPAR) to initiate action against an officer for illegally depositing money..........
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