Goa based Visionaries Urban Cooperative Credit Society is in news after the Minister of cooperation Govind Gaude gave a hint that an FIR is likely to be lodged against those involved in the fraud.
Earlier, there were reports of large-scale bugling in the credit co-op which forced the govt to appoint a new administrator and a new auditor.
The Board of the credit co-op stands dissolved. The final report of auditor would come in 30 days, say media reports.