Punjab News Express reports that in his fact findings report, the GM of the Chandigarh State Cooperative Bank has found involvement of the then chairman of the bank, Mr Kamal K Sharma in connivance with the bank staff in swindling of Rs 2 crore.
The report was submitted in office of the Registrar, Cooperative Societies, Chandigarh has also revealed blatant violations of rules and laws. The report is gathering dust in the debris of files for the past more than two years.
The report says that while opening an account of the Bank Employees and Friends Coop House Building Society Limited registered at Saketari in Haryana seemed to be either a bogus account or tainted with willful interests as the society was registered in Haryana, it should have its account only in Haryana not in Chandigarh.
The Chandigarh Administration has failed so far to take cognizance of the report, the daily claims.