Banner of Pen Co-operative Urban Bank scam accused with Maharashtra CM Fadnavis raises brows
Navi Mumbai: Even as nearly two lakh depositors are yet to get their money back 15 years after the Rs 758-crore Pen Co-operative Urban Bank scam unearthed, a banner featuring the main accused, former chairman of the bank Shishir Dharkar, alongside chief minister Devendra Fadanvis and his cabinet colleague Ashish Shelar has come up at a key junction in the township.
The banner thanks Fadnavis for the Bombay high court stay on the use of plaster of Paris Ganpati idols.
Pen taluka and the township are famous for Ganesh idols. Through this banner, Dharkar is attempting to boost his political image as well as that of his supporters, claim local activists.
Dharkar was the chairman when the bank went into trouble between 2000 and 2010 over bad loans and without insurance renewal to save the depositors getting basic deposit amount.
He has been accused of allegedly opening 685 fake loan accounts in various branches of the bank by manipulating bank records and withdrawing the funds for personal gains.
Naren Jadhav, working president of the depositors' body Pen Urban Bank Thevidar Sangharsh Samiti, alleged, "We are surprised to see how such a banner involving the bank scam accused is being erected while the depositors and their families are still suffering."
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Giao dịch CFD với công nghệ và tốc độ tốt hơn
IC Markets
Đăng ký
Undo
The Samiti's demand for a cut-off date to recover the money has not been accepted during the HC-appointed committee meeting on Wednesday. "Our request for a timeline to recover the Rs 598.7 crore has been turned down by the committee set up by the HC in 2015. We will now have to again approach HC," Jadhav said.
Dharkar was former president of Pen Municipal Council, who formed his own political party. He joined Shiv Sena (UBT) and later quit.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
11 minutes ago
- Indian Express
Two Pune cops suspended for extorting money from two on Law College Road
Two policemen have been suspended from service for allegedly extorting money from a man and his friend on the Law College Road in Pune city. The two had filed a complaint against the policemen identified as Ganesh Desai and Yogesh Surat, both attached to the Deccan police station in Pune. According to the police, a man was talking to his woman friend in a car on the Law College Road on Tuesday night. Desai and Sutar were on patrolling duty in this area. They allegedly threatened to file a case against the two and demanded Rs 20,000 for not taking the matter to the police station. The two cops allegedly took the man to an ATM centre near Kamla Nehru Park and forced him to withdraw the money. They let the man go after taking money from him. Later, the man and his friend went to the police station and filed a complaint against the two policemen. Senior police inspector Girisha Nimbalkar of Deccan police station conducted an inquiry against the two policemen. The inquiry report was submitted to Deputy Commissioner of Police Nikhil Pingle. Based on the findings of the inquiry, the two cops were suspended from service on Friday. Earlier this month, a case has been registered against a policeman for allegedly extorting money from a Chennai-based teenager who came to Bopdev Ghat area in Pune for taking photos. The teenager had lodged the FIR against the accused police constable and his friend at the Kondhwa police station. Subsequently, the policeman was suspended from service.
Time of India
13 minutes ago
- Time of India
All can see transformation under PM Modi, Rahul Gandhi busy undermining India's progress: BJP
The BJP on Saturday hit out at Rahul Gandhi, saying the Congress leader cannot see the transformation happening in the country under Prime Minister Narendra Modi's leadership because he is too busy "undermining India's progress". This came after Gandhi launched a fresh salvo at Prime Minister Modi, and said he has mastered the "art of slogans" but offered no solutions, claiming that India's manufacturing was at a record low despite the 'Make in India' initiative. Hitting back, BJP national spokesperson Pradeep Bhandari wrote in a post on X, "Rahul ji, everyone in India can see the transformation, except you. Maybe because you're too busy undermining India's progress to notice it." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: 1 simple trick to get all TV channels Techno Mag Learn More Undo Operation Sindoor is the latest and "landmark example" of India's manufacturing prowess where India's indigenous developed drones destroyed Chinese drones, he added. Citing various data indicating progress made under the 'Make in India' initiative of the Modi government, BJP IT department head Amit Malviya said Rahul Gandhi's narratives are "outdated, misinformed, and disconnected from reality". Live Events "India is building. India is growing. India is leading," he said in a post on X. Under PM Modi, India has transformed from an importer to a global manufacturing powerhouse, Malviya added. Bhandari said since 2014 under PM Modi's leadership, engineering exports have surged by 60 per cent while defence exports "skyrocketed from just Rs 686 crore to over Rs 23,000 crore". "From importing 70 per cent of our defence equipment, India now manufactures 65 per cent of its needs domestically. PMI is at a 10-month high, signalling industrial strength," he said. Bhandari said India under Modi's leadership supplied 60 per cent of the world's COVID-19 vaccines, becoming the "pharmacy of the world". India is now the second largest mobile phone manufacturer globally, he added. "While Indian startups and entrepreneurs were burning the midnight oil to build a world-class drone industry, you (Rahul Gandhi) were busy endorsing Chinese drones and promoting Chinese brands on Indian soil," the BJP spokesperson charged. Bhandari said Gandhi never believed in 'Make in India' because 'Atmanirbhar Bharat' doesn't align with his "imported ideology." "What was there in that secret MoU which you signed with the Communist Party of China," Bhandari asked. Malviya, in his post on X, said "Let's bust the myths - with facts". He said the PLI scheme, which Gandhi claimed had failed, has led to cumulative investments of Rs 10,905 crore, total production worth Rs 7.15 lakh crore and exports of Rs 3.9 lakh crore. "Electronics production value rose from Rs 18,900 crore (FY14) to Rs 4,22,000 crore (FY24). Mobile phone exports surged 77-fold from Rs 1,566 crore (2014-15) to Rs 1.2 lakh crore (2023-24)," he said. He added that 99.2 per cent of mobile phones sold in India are now made in India, up from just 26 per cent in 2014-15. Malviya further said that under the PLI scheme for electronics alone, 1,39,670 direct jobs have already been created. As many as 1.8 lakh new companies were registered in 2023-24, marking a 16 per cent increase over the previous year, he said. "Electronics exports hit USD 38+ billion in FY24-25, a 32 per cent year-on-year increase," Malviya said. "PLI allocations for electronics rose from Rs 5,747 crore (FY24-25) to Rs 8,885 crore (FY25-26) - a clear signal of continued commitment," he added. Malviya said the government has approved landmark semiconductor projects worth Rs 1.52 lakh crore, "a critical leap into deep-tech manufacturing". Overall, electronics production is projected to reach USD 300 billion by 2026, he said.
Time of India
18 minutes ago
- Time of India
Goods worth Rs4L looted from Fatuha warehouse
Patna: A robbery was carried out at a private warehouse in Fatuha late on Friday night. Around seven masked miscreants broke into the facility, located in Dumri, around midnight and held all eight employees hostage at gunpoint. According to the victims, the robbers remained inside the warehouse for several hours. During that time, they looted two drum bundles of wire, six cellphones, utensils and Rs 35,000 in cash. In total, goods worth approximately Rs 4 lakh were stolen. When some employees attempted to raise an alarm, the assailants beat them. Two workers sustained serious head injuries after being struck with the butts of pistols. The miscreants loaded the stolen items into a pickup van before fleeing the warehouse. The injured were initially taken to Fatuha Community Health Centre and later referred to more advanced medical facilities for further treatment. All the victims are residents of Basantpur village in the Attari police station area of Buxar. Rupak Kumar Ambuj, SHO of Fatuha police station, said the police were informed about the incident on Saturday morning. "The matter is being investigated. Nearby CCTV footage is being scanned. Police are making efforts to identify and arrest the miscreants. The incident took place when all the employees were sleeping in the warehouse. They woke up after hearing the noise. The miscreants carried out the loot after taking them hostage," he said.
