The victims of Pen cooperative banks have hit streets in Raigad in Maharashtra in large numbers. They are taking out a march to Mumbai where they would meet Chief Minister to apprise him of their sufferings. RBI had stopped the operation of Banks’ all branches last year but was not able to prevent disbursal of huge amount to non existent accounts. Not only that but it also got involved in Rs 480-crore gold export fraud.Pen Cooperative Bank, Shishir Dharkar, his wife and six others were arrested.Pen bank’s director, Prem Kumar Sharma, Jayesh Desai, director of Joshi Bullion Gems and Jewellery Private Limited, Rahis Ahmed, partner in Strategic Consultancy, and R Mani, proprietor of Great Aid were also arrested along with Dharkar’s wife, Gulraihna Oomer, a Bahrain national.Depositors, employees and account holders of the bank are taking part in this protest and is being supported by All India Bank Employees Association (AIBEA) and the Maharashtra State Bank Employees Federation.
Pen Cooperative Bank victims hit streets
The victims of Pen cooperative banks have hit streets in Raigad in Maharashtra in large numbers. They are taking out a march to Mumbai where they would meet Chief Minister to apprise him of their sufferings.
RBI had stopped the operation of Banks’ all branches last year but was not able to prevent disbursal of huge amount to non existent accounts. Not only that but it also got involved in Rs 480-crore gold export fraud.
Pen Cooperative Bank, Shishir Dharkar, his wife and six others were arrested.
Pen bank’s director, Prem Kumar Sharma, Jayesh Desai, director of Joshi Bullion Gems and Jewellery Private Limited, Rahis Ahmed, partner in Strategic Consultancy, and R Mani, proprietor of Great Aid were also arrested along with Dharkar’s wife, Gulraihna Oomer, a Bahrain national.
Depositors, employees and account holders of the bank are taking part in this protest and is being supported by All India Bank Employees Association (AIBEA) and the Maharashtra State Bank Employees Federation.
