PMC Bank crisis: Fourth death 83-year-old unable to pay for surgery

Agencies
October 19, 2019

Mumbai, Oct 19: An 83-year-old depositor of the troubled PMC Bank died on Friday, with his family claiming that they could not raise money for his heart surgery after restrictions were imposed on fund withdrawals.

This is a fourth incident of the death of a depositor of the Punjab & Maharashtra Cooperative Bank after the RBI appointed administrator on the city-headquartered lender.

Two of the depositors had died of cardiac arrest, while another, a woman doctor, allegedly committed suicide.

Murlidhar Dharra (83) died at his home in suburban Mulund on Friday, his son Prem Dharra told news agency.

The family had a total of Rs 80 lakh in deposits with the bank (which was placed under restrictions since September 24), he said.

Doctors had recommended heart surgery for his father, but they could not arrange the money as the deposits are stuck at the bank, Prem said.

It can be noted that under the RBI directions, exceptions can be made for medical emergencies. It was not known immediately whether the PMC Bank refused a request from the family under this provision.

After an alleged Rs 4,355 crore scam came to light at the bank, the RBI initially capped withdrawals at Rs 1,000 in view of liquidity crisis, and later hiked it to Rs 40,000 in three moves.

The depositors have been protesting over the last three weeks, seeking their money back.

On Tuesday, 51-year-old Sanjay Gulati, who had recently lost his job with Jet Airways when the airline was grounded, died of a heart attack hours after attending a depositors' protest.

It was followed by alleged suicide of Dr Nivedita Bijlani, and death of Mulund-resident Fatto Punjabi due to cardiac arrest.

The crisis at the bank is being attributed to loans given to realty player HDIL, which were allegedly hidden from regulators' scrutiny, turning non-performing assets.

Five persons, including HDIL promoters, have been arrested in the case.

Comments

INDIAN
 - 
Saturday, 19 Oct 2019

now you want hindutva country...then vote for modi and die.

 

am very sad that one innocent human died...this man made money for his last life but the money never helped him..

 

Politician say vote for BJP we will save hindu people, but in reallity they say lie and make you belive that muslim is your enemy.

 

In mangalore most hindus & muslims are good people they cooperate each other in all scenerio but please dont belive in political guy who use you only for his power and money to feed his family..

 

 

 

 

 

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News Network
March 29,2020

New Delhi, Mar 29: The Centre on Sunday asked state governments and Union Territory administrations to effectively seal state and district borders to stop movements of migrant workers during lockdown, officials said.

During a video conference with Chief Secretaries and DGPs, Cabinet Secretary Rajiv Gauba and Union Home Secretary Ajay Bhalla asked them to ensure that there is no movement of people across cities or on highways as the lockdown continues.

"There has been movement of migrant workers in some parts of the country. Directions were issued that district and state borders should be effectively sealed," a government official said.

States were directed to ensure there is no movement of people across cities or on highways.

Only movement of goods should be allowed.

District Magistrates and SPs should be made personally responsible for implementation of these directions, the official said.

Adequate arrangements for food and shelter of poor and needy people including migrant labourers be made at the place of their work, the official said.

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News Network
July 2,2020

Geneva, Jul 2: The World Health Organization (WHO) has estimated the overall number of coronavirus cases globally at 10,357,662, with 508,055 people having died from the disease.

The UN health agency said in the situation report published on late Wednesday that 163,939 new cases had been recorded in the past day, while further 4,188 patients had died.

Americas continue to lead the count with over 5.2 million cases, followed by Europe with more than 2.7 million.

The WHO declared the COVID-19 outbreak a pandemic on March 11.

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News Network
April 22,2020

New Delhi, Apr 22: Prime Minister Narendra Modi on Wednesday said that The Epidemic Diseases (Amendment) Ordinance, 2020, manifests his government's commitment to protecting healthcare workers braving COVID-19 on the frontline.
"The Epidemic Diseases (Amendment) Ordinance, 2020, manifests our commitment to protect each and every healthcare worker, who is bravely battling COVID-19 on the frontline. It will ensure the safety of our professionals. There can be no compromise on their safety!," Prime Minister Modi tweeted.
The Central government on Wednesday brought an ordinance to end the violence against health workers, making it a cognizable, non-bailable offence with the imprisonment of up to seven years for those found guilty.

"We have brought an ordinance under which any attack on health workers will be a cognizable, non-bailable offence. In the case of grievous injuries, the accused can be sentenced from 6 months to 7 years. They can be penalised from Rs 1 lakh to Rs 5 lakh," Union Minister Prakash Javadekar briefed media after the meeting of the Cabinet.

"Such crime will now be cognisable and non-bailable. An investigation will be done within 30 days. Accused can be sentenced from three months to five years, and penalised from Rs 50,000 up to Rs 2 lakh," said Javadekar.

Moreover, if the damage is done to vehicles or clinics of healthcare workers, then a compensation amounting to twice the market value of the damaged property will be taken from the accused, said Javadekar.

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