Indian Express reports an FIR has been lodged with the Shivajinagar police station against scores of functionaries of the Pune headquartered Shivajirao Bhonsle Cooperative Bank for criminal breach of trust, cheating and forgery.
The FIR has been filed on behalf of the auditor who carried out an audit of the bank’s transactions in the fiscal 2018-19. The scam involves Rs 71 crore. Those accused in the case include NCP and BJP leaders.
Meanwhile, RBI has imposed sanctions against the bank.