Farmers’ Mortgage: 6cr Siphoned Off In Title Of Farmers’ Mortgage | Rajkot Information newsfragment


Rajkot: The Junagadh District Cooperative Storage has been cheated of just about Rs six crore which used to be allegedly embezzled through place of work bearers of a farmers’ cooperative in connivance with the vault’s Bhesan section supervisor over the era one time.
Sachin Mehta, supervisor of the vault’s Bhesan section, lodged a grievance towards the president of Shri Chhodwadi Workforce Seva Sahakari Mandali, Vitthal Paghadal, secretary Naresh Gondaliya and later vault supervisor Ramesh Ramani for dishonest and forgery and divisions of the Cooperative Societies Operate.

Within the grievance lodged with the Bhesan police station, Mehta stated that the trio siphoned off the cash between April 1, 2022 to October 2023.
The cooperative population is affiliated with the vault, which lends it a definite amount of cash each and every time that needs to be distributed as loans to its contributors who’re farmers beneath numerous schemes. To get the loans, the farmers are required to have credit score restrict file qualified through the vault and those additionally come with the main points in their land.
It’s alleged that the cooperative mandali’s place of work bearers connived with the vault supervisor and illegally were given Rs 23.27 lakh utility loans sanctioned within the title of 12 farmers who weren’t eligible for any credit score. They’re accused of forging the paperwork to get the loans and opening faux accounts, police stated. Additionally, there have been 53 farmers, who got loans amounting to Rs 5.96 crore a lot more than their credit score restrict.
The accused even made fraudelant account statements of the cooperative population to turn that they had a complete of just about Rs 30 lakh as steadiness. The Junagadh District Cooperative Storage has 45 branches unfold within the Junagadh, Porbandar, and Gir-Somnath districts.
The fraud got here to sunny when the vault audit staff checked the listing of farmer contributors of this population in August. A number of entries had been discovered suspicious and the staff discovered that loans had been sanctioned to ineligible farmers.
The cooperative population’s overall dues to the vault are round Rs 13.48 crore.
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