Latest news with #HC-appointed
Time of India
10 hours ago
- Business
- Time of India
Banner of Pen Co-operative Urban Bank scam accused with Maharashtra CM Fadnavis raises brows
Navi Mumbai: Even as nearly two lakh depositors are yet to get their money back 15 years after the Rs 758-crore Pen Co-operative Urban Bank scam unearthed, a banner featuring the main accused, former chairman of the bank Shishir Dharkar, alongside chief minister Devendra Fadanvis and his cabinet colleague Ashish Shelar has come up at a key junction in the township. The banner thanks Fadnavis for the Bombay high court stay on the use of plaster of Paris Ganpati idols. Pen taluka and the township are famous for Ganesh idols. Through this banner, Dharkar is attempting to boost his political image as well as that of his supporters, claim local activists. Dharkar was the chairman when the bank went into trouble between 2000 and 2010 over bad loans and without insurance renewal to save the depositors getting basic deposit amount. He has been accused of allegedly opening 685 fake loan accounts in various branches of the bank by manipulating bank records and withdrawing the funds for personal gains. Naren Jadhav, working president of the depositors' body Pen Urban Bank Thevidar Sangharsh Samiti, alleged, "We are surprised to see how such a banner involving the bank scam accused is being erected while the depositors and their families are still suffering." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo The Samiti's demand for a cut-off date to recover the money has not been accepted during the HC-appointed committee meeting on Wednesday. "Our request for a timeline to recover the Rs 598.7 crore has been turned down by the committee set up by the HC in 2015. We will now have to again approach HC," Jadhav said. Dharkar was former president of Pen Municipal Council, who formed his own political party. He joined Shiv Sena (UBT) and later quit.
Time of India
30-05-2025
- Business
- Time of India
‘Closure report filed', tribal dept removes 34 firms from blacklist
Mumbai: Eight years after an HC-appointed committee recommended blacklisting 105 companies allegedly involved in providing substandard material for welfare schemes, the state tribal development department revoked the ban against 34 firms earlier this week. According to tribal development principal secretary Vijay Waghmare, govt decided to do this following a recommendation by Tribal Development Research and Training Institute (TRTI) since police had filed a closure report against them. Besides, he said, no recovery was pending against the 34 firms and they had submitted documentary evidence. The five-member committee, headed by former HC judge M G Gaikwad, had visited key tribal development offices across the state and submitted a comprehensive report to HC on Jan 31, 2017, accusing 105 suppliers of irregularities. HC directed the department to take immediate steps to blacklist the firms. Subsequently, the department asked TRTI to examine the panel's report. According to TRTI, all organisations were not involved in irregularities and the record of the 34 firms was quite satisfactory. On the call to drop these firms from the blacklist, Justice Gaikwad told TOI, "We had submitted the report to HC after an in-depth study of all 105 firms, and HC had directed govt to blacklist them. It is up to govt to take a decision." He said the department should list the current status of the criminal cases against officials involved in the corruption. "I am keen to know if govt is following up on the cases lodged against them. "
