Maharashtra co-operative banks under scanner for receiving Rs 5000 crore in 4 days

December 15, 2016

Pune, Dec 15: Following Prime Minister Narendra Modi's surprise announcement to outlaw currency notes of higher denomination, the District Central Cooperative (DCC) Banks in Maharashtra collected Rs 5000 crore in old notes from November 10 to 14.

blackmHowever,the RBI subsequently debarred the DCC banks from accepting withdrawn notes.

As most accounts in the cooperative (DCC) banks are of farmers, the NABARD (National Bank for Agriculture and Rural Development) is now monitoring the accounts to check for any cases of "suspicious deposits" or financial mismanagement, reports Times of India.

Maharashtra has 31 DCC banks which are are controlled by local politicians and have been under scanner for financial mismanagement in the past.

"While initially only accounts with more than Rs 2 lakh deposits will be scrutinised, other accounts will come under the scanner too," a senior official of state co-operation department told Times of India.

RBI had allowed the DCC Banks which have over 3800 branches across the state to accept old notes for only four days but even in such a short period these banks received an enormous Rs 5000 crore, according to the daily.

NABARD officials said that the average deposits and transaction history of certain accounts cannot explain the the sudden surge in deposits.

"Even if the account holder has deposited just Rs 1 lakh, if the past transactions and balance history is in a few thousands, how can the deposit be explained?" asked an official.

The Sangli DCC bank had collected approximately Rs 320 crore in old notes.The Pune DCC bank received cash deposits of Rs 600 crore, the daily reported quoting NABARd official.

A DCC bank is also a key institution in that it disburses farm loans. Considering their reach and cash-rich status, politicians have always vied for cont rol of these banks; most DCC banks in Maharashtra are controlled by NCP and Congress politicians.

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News Network
May 28,2020

Hyderabad, MAY 28: A three-year-old boy who accidentally fell into a newly drilled open borewell in Telangana's Medak district was found dead in the early hours of Thursday, police said.

The kid's body was retrieved at around 4 am after a nearly 10 hours' long rescue operation involving different agencies, they said.

"He died a while before we evacuated him, most likely due to the mud that covered him from the top sealing off necessary oxygen supply, " Medak District Superintendent of Police Chandana Deepti told PTI.

The boy had accidentally slipped into the 120- feet borewell at around 5 pm on Wednesday in an agricultural field located in Papannapet mandal of the district when he was walking with his grandfather and father, police earlier said.

As part of rescue efforts, a parallel trench was dug along the borewell hole with the help of earth excavating machines and oxygen was supplied into it, but the efforts went in vain as the boy's body was found stuck at a depth of around 25 feet, the police said.

Apart from the police, National Disaster Response Force (NDRF) personnel were also involved in the rescue operation.

The borewell into which the child fell was one among the three dug by the family since Tuesday night to try and find water for their fields. But none of them yielded any water, police had said.

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News Network
July 17,2020

Ahmadabad, July 17: The Gujarat high court has ordered the Bharuch superintendent of police to investigate and produce a 14-year-old girl before the court, who has allegedly eloped with a man. Ironically, the man was convicted two years ago on Pocso charges for eloping with another minor girl in 2016.

The high court has asked the government to file an application for bail cancellation of the convict because he has indulged in a similar offence after having come out on bail.

The case involved one Dilip Padhiyar (24) from Uchchhad village in Jambusar taluka of Bharuch district.

He was punished with 10 years in jail in December 2018 by a special court for kidnapping a 16-year-old girl in 2016. He was prosecuted under the Protection of Children from Sexual Offences (Pocso) Act and for rape and kidnapping charges. He got away with a 10-year-imprisonment because the girl was over 16 years and she had not alleged rape. However, Dilip Padhiyar was held guilty of statutory rape, abduction as well as under provisions of Pocso Act.

Dinesh Padhiyar got regular bail from the high court pending his appeal challenging his conviction in January 2019. In November 2019, he eloped with another minor girl.

Her father approached the high court complaining that though an FIR was registered with Vedach police station, the police have not made any effort to trace his minor girl. It was also contended in the habeas corpus petition that Padhiyar is a habitual offender.

Petitioner's advocate Imtiyaz Kureshi said that looking at the past of Dinesh Padhiyar, the high court asked the state government to initiate proceedings for cancellation of his bail.

The bench headed by Justice Sonia Gokani instructed HC's registry to treat the bail cancellation application as an urgent matter.

The high court has ordered Bharuch SP to produce the girl before the court by July 20, and in case she cannot be traced by then, he will have to submit an action taken report.

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News Network
July 22,2020

Thiruvananthapuram, Jul 22:An accused in a case registered under the Protection of Children from Sexual Offences (POCSO) Act jumped into the sea on Wednesday morning when he was taken for evidence collection at Kasaba in Kasargode district, police said.

Accused Mahesh was arrested following a complaint by his neighbour on Tuesday evening.

The police said that they took the accused to the seashore to collect evidence in the case when Mahesh jumped into the sea. Two police officials too jumped in after him to catch hold of him but could not locate Mahesh.

Later, swimmers were deployed to try and locate the missing man.

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