Agitation in Sonarpur Over Alleged Rs 10 Crore Cooperative Bank Scam

Cooperative Bank Scam (symbolic picture)

Sonarpur (August 26,2023) : Angry depositors of a cooperative bank in Sonarpur, West Bengal, staged a protest on Saturday, alleging that the bank chairman had embezzled Rs 10 crore. The protesters blocked the National Highway 116 and demanded the arrest of the chairman. They also submitted a memorandum to the police. The bank chairman, identified as Sanjib Singha, has denied the allegations. He said that the bank is facing financial difficulties due to the pandemic and that the allegations are politically motivated.

The police have started an investigation into the matter. The incident has raised concerns about the safety of depositors' money in cooperative banks. It is important for the authorities to take steps to ensure that such scams do not happen in the future.

For readers in India and beyond, INDIAN INFO EXCHANGE is a legacy. Since its inception, we have maintained gold journalism standards and delivered unbiased and reliable news and information to our wide spectrum of readers. Still one of the leading print media in India, the publication has become a representative of Indian culture itself. Our digital journey started in 2018 with the launch of infoexchange.live and durantbarta.com.