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Athagarh Cooperative Bank Loan Fraud: PIL Filed In Orissa High Court For CBI Or SIT Probe

Cuttack: A PIL was filed in Orissa Court, seeking a CBI or court-monitored SIT probe into the alleged irregularities in loans at district cooperative bank in Athagarh of Cuttack district.

Bharatiya Bikash Parishad, which filed the petition in the court, has made parties to eight individuals including Odisha Chief Secretary and CBI in the case.

The petition was filed following allegation that some miscreants have fraudulently taken loans from the District Cooperative Bank of Athagarh branch in Cuttack district in the name of others.

Last week, several farmers in Athagarh had staged a demonstration alleging loan scam in the Cooperative Bank. They had alleged that money to the tune of over Rs 1 crore was misappropriated from the bank accounts of several people in the district.

Similarly, on November 27, three farmers belonging to Athagarh region had attempted self-immolation in front of the Assembly building, alleging that they were trapped in the fake loan matter.

While being whisked away by police, they said the bank has forced them to repay the loans which they actually didn’t avail.

The farmers raised finger at the Odisha Cooperation Minister Ranendra Pratap Swain over the loan fraud. They alleged the role of Swain’s brother in the scam as he was the president of the Cuttack Central Cooperative bank.

The farmers had demanded that the bank should make public the names of the real beneficiaries and investigate the irregularities to find out the truth. They also warned of a massive protest if the government didn’t take the issue seriously.

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