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Home Co-op News Snippets

BSNL Engineers Co-op Society yet again in news

Staff Reporter by Staff Reporter
July 22, 2024
in Co-op News Snippets
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BSNL Engineers Co-op Society yet again in news
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The death of A R Gopinathan, the prime accused in the BSNL Engineers Cooperative Society case, has set back victims of the cooperative scam. The 74-year-old passed away at his residence in Balaramapuram on Saturday, reports the New Indian Express.

The unfinished inquiry had raised concerns among victims, now uncertain about the fate of large tracts of land and properties yet to be seized.

The nearly Rs 260-crore scam, affecting over 1,500 depositors, emerged in 2022. Investigations revealed siphoning of funds from fixed deposits recorded as loans.

Tags: BalaramapuramBSNL Engineerscooperative
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