Jharkhand State Co-op Bank: GM suspended

Sushil Kumar former General Manager of Jharkhand State Cooperative Bank has been suspended for his involvement in massive irregularities in the bank.

The Cooperative Department of the state has issued an order in this regard.

Investigation had found that Kumar not only indulged in violation of norms in the distribution of loans but disrupted the audit work.

It is worth repeating that the department secretary had ordered Kumar to conduct an audit of the cooperative bank but he did not do it.

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