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Home Co-op News Snippets

Will Belchandan prove another Mukesh Modi for Sahakar Bharati?

Staff Reporter by Staff Reporter
December 27, 2018
in Co-op News Snippets
0
Will Belchandan prove another Mukesh Modi for Sahakar Bharati?
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Will Pritpal Belchandan, Chairman, Durg DCC Bank and an active member of Sahakar Bharati prove to be another Mukesh Modi for the right leaning organization? This is a question being asked by those who now Pritpal from close quarters.

Pritpal has been under a cloud of swindling members’ money in crores – a fact brought to light by an inquiry conducted by the Joint Registrar on a complaint. He is the Chairman of Durg-based multi-purpose cooperative SBACO- Shree Balram Agriculture (Produce and Marketing) Cooperative Society.

An active member of the BJP cooperative cell, Pritpal was able to save his skin because of a friendly Raman Singh govt but with the change of the guard, the same defense would not work, say his detractors.

On the complaint of Shankar Lal Tamarkar, Durg Joint Registrar ordered an inquiry and found him guilty of wrong-doings. Tamarkar had accused him of squandering Rs 9.75 crore in Borai village. Also, he is accused of investing Rs 2.27 crore of the society’s money in Durg Central Cooperative Bank, of which he is the chairman.

The multi-purpose co-operative society SBACO has set up a bio-fertilizer plant and an agricultural lab over a 60 acre piece of land near Durg.

The multi-purpose co-operative society SBACO has set up a bio-fertilizer plant and an agricultural lab over a 60 acre piece of land near Durg.

Tags: BJPBorai VillagecooperativeDurgfertilizer plantPritpal BelchandanSABCOSahakar Bharati
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