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Home Co-op News Snippets

Delhi Nagrik Sehkari Bank: Officers go to court

Parasnath by Parasnath
March 27, 2018
in Co-op News Snippets
0
Delhi Nagrik Sahkari Bank keeps hogging headlines
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A scam in a cooperative bank in Delhi gets curiouser and curiouser with each passing day. Delhi High Court has asked both the central government and the speaker of the Delhi Legislative Assembly to respond to the officers’ petitions questioning the adoption of the report on criminal proceedings against them by the Delhi Assembly, reports Asian Age.

 The Delhi Assembly has recommended criminal proceedings against the two officers for giving “help and aid to the corrupt” in carrying out alleged irregularities in Delhi Nagrik Sehkari Bank.

The petitioners are former Registrar of Cooperative Societies (RCS) J B Singh and a serving Registrar and CEO of the Delhi Urban Shelter Improvement Board Shurbir Singh.

Several irregularities included enrolment of members in the bank, payment of membership fee to the tune of several lakhs from the accounts of bank employees, submission of fake ITRs, among others.

Tags: cooperativeDelhi High CourtDelhi Nagarik Sahakari BankJ B Singh
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