The Uttar Pradesh Cooperative department has arrested six persons accused in the scam- that broke in the Mahamedha Cooperative Bank, reads media report.
These accused have been sent to jail. Police said the six accused have been identified as Vikas Singhal, Kapil Malhotra, Sushant Sharma, Saurabh, Vinay Goyal, and Chiranjeev Vihar.
Earlier, the cooperative department had arrested Amit Kasana, a property dealer from Noida Sector-40, This is the second action taken by the department.
Readers would recall that RBI had cancelled the license of the bank in 2017 in the wake of embezzlement of funds and financial irregularities of about Rs 100 crore in the bank. After this, the government had ordered an inquiry into the entire matter.
