Coop. bank fraud rocks Assembly
The Hindu
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An estimated ₹350 crore siphoned off from a CPI(M)-controlled cooperative bank at Karuvannur in Thrissur rocked the Assembly on Friday. Congress member Shafi Parambil raised the ‘bank fraud’ through an adjournment motion. Mr. Shafi narrated how an agent of the Karuvannur Service Cooperative Bank had canvassed the client of a nationalised bank by promising her a quick and hassle-free loan of ₹50 lakh.
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