Hindu reports the Ariyur primary agricultural cooperative credit society (PACS) chairman has been suspended for six months for favouring his brother with loans who was abroad.
A press release issued by Namakkal region Cooperative Societies says the society chairman, A.C. Mani, provided Rs 2.80 lakh as a loan for his brother using fake documents in 2020 and 2021.
The accused has been suspended under section 76-A of the Tamil Nadu Cooperative Societies Act 1983 for tarnishing the reputation of the society and misusing his powers.
