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Baijal requests RBI to inquire Delhi cooperative bank 'scam'

IANS  |  New Delhi 

on Thursday requested of (RBI) to inquire into the alleged irregularities in a city cooperative and also directed the Economic Offences Wing (EOW) of to investigate the entire matter.

The alleged irregularities at Ltd. include giving loans against fake or fictitious Incomce Tax Returns (ITRs) and illegal appointments among others.

The matter is also being investigated by a

"Already 40 appointments made by direct recruitment have been cancelled and promotion of 62 employees of has been set aside. A number of FIRs have also been lodged," Baijal said in an official statement.

In October, Baijal had referred the matter to the Anti Corruption Branch for inquiry.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 15 2018. 21:50 IST
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