Ex-coop. society chief arrested

  • | Saturday | 21st April, 2018

DINDIGULFormer president of Anaipatti Primary Agricultural Cooperative Society in Nilakottai, Manikandan, was arrested on Saturday on a charge of embezzling ?27.99 lakh. Acting on a complaint lodged by the Deputy Registrar, Dindigul Commercial Crime Branch Police registered a case, arrested Manikandan and produced him before Judicial Magistrate Court II. He also found withdrawal of ?3.21 lakh from the society fund without tabling any bills between October 1 and December 31, 2016. But a bogus record was created in a day. Deputy Registrar of Cooperatives, who checked the society’s records recently, found that a bogus record was created for a ?12.79 lakh crop loan.

more-in DINDIGUL Former president of Anaipatti Primary Agricultural Cooperative Society in Nilakottai, Manikandan, was arrested on Saturday on a charge of embezzling ?27.99 lakh. Deputy Registrar of Cooperatives, who checked the society’s records recently, found that a bogus record was created for a ?12.79 lakh crop loan. He also found withdrawal of ?3.21 lakh from the society fund without tabling any bills between October 1 and December 31, 2016. But a bogus record was created in a day. It was also found that ?11.98 lakh paid by 34 borrowers after redeeming the jewels was not entered into the account books. Acting on a complaint lodged by the Deputy Registrar, Dindigul Commercial Crime Branch Police registered a case, arrested Manikandan and produced him before Judicial Magistrate Court II.

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Latest Madurai headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles

Ex-coop. society chief arrested
  • Saturday | 21st April, 2018
‘Use ITPS to track post’
  • Tuesday | 16th October, 2018
Suspension term reduced
  • Tuesday | 16th October, 2018
Vacation court
  • Tuesday | 16th October, 2018