Officials had idea of scam years back after RBI alert: Reports
Patna,(BiiharTimes): It is not that the officials of Bhagalpur had no inkling about scam.
In fact the then district magistrate had, way back in November 2013, constituted a two-member team headed by a senior deputy collector to probe the matter. This was after the Rserve Bank of India had on September 9, 2013 had asked the registrar of the cooperative committees to look into the violation of its guidelines in this regard.
It was then that the district magistrate Prem Singh Meena, constituted a two-member team comprising a senior deputy collector, Sudhir Kumar, and district cooperative officer Pankaj Kumar Jha.
Reports said that though Meena had asked the team to submit its report in two days, the inquiry was delayed as Jha, who was holding additional charge of managing director of the district cooperative bank, suddenly fell ill.
Reports also said that Meena sent reminders to the investigating team but they were ignored. On January 24, 2014, Meena was transferred from Bhagalpur and made Inspector-General (Prisons) in Patna. The report, however, remained under the carpet as his successors never looked into the matter.