All the district cooperative banks of UP will be investigated, order given after the scam in Bareilly

The Managing Director of Uttar Pradesh Cooperative Bank Limited has taken cognizance of the scam in Faridpur and Kanman branches of District Cooperative Bank in Bareilly. He has issued orders for investigation in all the cooperative bank branches of the state. It has been said that if there is any kind of irregularity in any bank branch, then take immediate action and inform them as well.

There is a stir in the cooperative department after a scam of Rs 1.80 crore came to light in the amount received from public welfare schemes like Kisan Samman Nidhi by mapping Aadhaar numbers of more than one person in fake accounts in Faridpur and Kanman bank branches in Bareilly. In this sequence, RK Kulshreshtha, Managing Director of UP Cooperative Bank Limited, has issued instructions to the Secretary and Chief Executive Officers of all the District Cooperative Banks of the state.

Letter issued on July 9

In the letter issued on July 9, it has been said that under various welfare schemes from the Central and State Government, funds are sent to the bank accounts of the beneficiaries through DBT (Direct Benefit Transfer). It has been said that it has come to notice that irregularities have been committed in the amount related to Kisan Samman Nidhi and DBT in Bareilly’s District Cooperative Bank branch Faridpur by opening accounts on the basis of fake Aadhaar, PAN and through inactive accounts and other accounts.

The Managing Director has said that it has become necessary that the branches should be inspected and investigated regarding whether the amount received in the beneficiary-oriented schemes through DBT from the Central and State Government is reaching the accounts of eligible beneficiaries only, etc. If any kind of irregularity is found, strict action should be taken against the concerned immediately.