Bhatpara bank scam Cops uncover 24 loan accounts

  • | Sunday | 16th February, 2020

Kolkata: In connection with the scam at Bhatpara Naihati Cooperative Bank, police have found 24 loan accounts through which Rs 25 crore had been disbursed. It may be mentioned that during the tenure of BJP MP Arjun Singh as Chairman of Bhatpara Municipality, the work orders were issued. As per the norms after placing those work orders before the bank, they need to be verified from the issuing authority before disbursing the loan. Meanwhile, scrutiny of the work order copies in the municipality has revealed that only 4-5 work orders were issued by following proper system, while around 30 work orders were not processed accordingly. The whole thing reportedly happened during the tenure of Singh, who was holding the post of chairman in Bhatpara Municipality back then.

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