2 booked for agri loan waiver fraud in Indore

  • | Saturday | 2nd February, 2019

INDORE: The intense scrutiny on agri loan waiver scheme, following complaints of fake loans, paid off as it detected the first ever fraud in Jai Kisan Rwin Mukti Yojana . The actual loan amount that had to be uploaded was around Rs 15 lakh, but the duo had listed Rs 3.18 crore, Babbar said. Of the rest, many had already cleared their loan dues but were still listed as beneficiaries. A government press release also named the two suspects.TOI tried to get in touch with both of them but couldn’t get through.At present, there are around 1,100 members in the society, only 110 of whom qualify for the loan waiver scheme. Agar SP Manoj Singh said the society has been told to table a detailed report by Sunday on the loans it has given out.

INDORE: The intense scrutiny on agri loan waiver scheme, following complaints of fake loans, paid off as it detected the first ever fraud in Jai Kisan Rwin Mukti Yojana . Two officers of a primary credit co-operative society in Susner were booked on Friday for allegedly trying to embezzle more than Rs 3 crore while preparing a list of beneficiaries in Agar Malwa district.During primary investigation, police found that the accused had entered names of over 350 farmers, 114 of whom don’t exist. Of the rest, many had already cleared their loan dues but were still listed as beneficiaries. Susner SDOP Dheeraj Babbar said Zilla Sahakari Kendriya Bank branch manager Shakti Singh Rana lodged a complaint against the duo, suspecting them of tampering with the data of loan amount on the online portal so that they could then avail of the excess amount.“The complainant alleges that Ganeshpura credit co-operative society manager Kailash Jain and assistant manager Rajesh Jain uploaded fraudulent details on the portal to get the excess money in the society’s bank account,” said SDOP Babbar. A government press release also named the two suspects.TOI tried to get in touch with both of them but couldn’t get through.At present, there are around 1,100 members in the society, only 110 of whom qualify for the loan waiver scheme. The incident came into light before the amount was transferred in the society’s bank account.According to officials, the list had to be uploaded before February 22, after which the money would be transferred.While going through the list and the loan amounts, Rana’s suspicions were aroused and he started an inquiry, which unearthed the fraud, the SDOP said. The actual loan amount that had to be uploaded was around Rs 15 lakh, but the duo had listed Rs 3.18 crore, Babbar said. Agar SP Manoj Singh said the society has been told to table a detailed report by Sunday on the loans it has given out.

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