Society chairman accused of siphoning off Rs 16 lakh
As per the complaint, Indrasinh Patil was appointed chairman of Suman Pratik Avas Co-Operative Society, which has 168 members and is located on Dabholi Road. The annual maintenance charge per household was Rs 30,000. The society, originally constructed by the Surat Municipal Corporation (SMC), was officially handed over to the members in 2019, along with a fund of Rs 50.4 lakh. This amount was deposited in the society's account at SBI's Singanpor branch.
During the Covid period, Rs 25.05 lakh from this fund was distributed to members facing financial hardship. Later, on June 28, 2020, the society invested Rs 20 lakh in a fixed deposit, maturing on Aug 26, 2025.
In Jan this year, the society decided to install solar panels to reduce electricity expenses. To finance the project, the members planned to take an overdraft against the Rs 20 lakh FD. However, upon visiting the bank, they discovered that the account had insufficient balance.
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Further inquiry revealed that on May 11, 2021, Patil had presented a forged FD certificate to the bank and encashed Rs 16 lakh.
Despite repeated follow-ups, Patil allegedly kept making excuses and failed to return the money. Consequently, the members filed a police complaint at the Singanpor police station.
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