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Home Co-op News Snippets

Bihar Awami Co-op Bank: Rabari quizzed

Parasnath by Parasnath
May 25, 2018
in Co-op News Snippets
0
Awami Co-op Bank: CBI raids Laloo’s close aide
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CBI has quizzed former Bihar chief minister Rabri Devi in connection with money laundering through Bihar Awami Cooperative Bank, media reports from Patna say.

While Opposition parties have described the CBI action as a step inspired by narrow political considerations, BJP leader Mangal Pandey has said Lalu and his family members have not only deposited their ill-gotten money in the bank but also been responsible for the growth of the bank.

The case pertains to alleged money laundering by Bihar Awami Cooperative Bank (BACB) headed by Anwar Ahmed, a close aide of Lalu Prasad Yadav in the past.

BACB is one of the banks that allegedly carried out illegal transactions in the wake of demonetization.

Tags: biharcbicooperativeindian cooperativeMangal PandeyRabri Devi
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