10 officials of co-op credit society booked

ST CORRESPONDENT
Friday, 14 July 2017

PUNE: An FIR has been registered against 10 office bearers of city- based Shiv Shakti Co-operative Credit Society for allegedly syphoning off Rs 6.63 crore from a bank’s account. The accused persons include a corporator of the Pimpri Chinchwad Municipal Corporation (PCMC), a former deputy mayor and sons of two former corporators.

PUNE: An FIR has been registered against 10 office bearers of city- based Shiv Shakti Co-operative Credit Society for allegedly syphoning off Rs 6.63 crore from a bank’s account. The accused persons include a corporator of the Pimpri Chinchwad Municipal Corporation (PCMC), a former deputy mayor and sons of two former corporators.

Special Auditor Class I Sanjay Patil has filed the complaint in this regard at Chatuhshringi police station against the accused persons for cheating the depositors. According to police, Patil had done an inspection on November 24, 2016 for the financial year 2015-16, and found that instead of Rs 6.64 crore balance in the account, the society had only Rs 24,295.

The accused persons have been identified as Balkrushna Pol, In-Charge General Manager of the credit society, Naushad Pirzade, Executive Director, Sanjay Kalate, President, Rajendra Kisan Netke, Sharad Borhade, Dilip Kalate, Machhindra Jambhulkar, Rohidas Mukute and Dattatraya Sane, all directors of the credit society, and an unnamed woman. Borhade is former deputy mayor while Sane is a corporator.

They have been charged for offences like criminal breach of trust and an illegal act done in furtherance of a common intention by a group of people. Assistant Police Inspector DS Shinde is further investigating the case. 

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