Muslim bank directors refute Inamdar's allegations of donation

ST Correspondent
Wednesday, 28 March 2018

Pune: After educationist and businessman PA Inamdar's allegations against two directors of Muslim Co-Operative Bank that he had donated Rs 10 lakhs to their educational institute, the two directors have refuted such claims. 

The directors have been protesting against Inamdar for allegedly siphoning off huge amount from the bank. 

Pune: After educationist and businessman PA Inamdar's allegations against two directors of Muslim Co-Operative Bank that he had donated Rs 10 lakhs to their educational institute, the two directors have refuted such claims. 

The directors have been protesting against Inamdar for allegedly siphoning off huge amount from the bank. 

On Monday directors Imtiaz Shikilkar and S M Iqbal and a section of the bank employees had protested outside the bank's head office in Bhavani Peth. They were demanding resignation of Inamdar, who is chairman of the bank, on corruption charges. 

Later Inamdar had claimed that he had paid Rs 10 lakhs donation to the directors and they were asking for more donations. 

However, both directors have refuted Inamdar's claims. “He must give documentary proof of the monetary allegations he has made against us. We know that he has no such proof and the allegations are aimed at targeting  our image in the society. However, the fight against corruption in the bank will continue”, both the directors said. 

Iqbal added, “I don't have any educational institute and all allegations are false misleading defamatory.” Shikilkar further informed, “we will expose him for cheating the depositors, staff and society. Now he is making baseless allegations against us of giving money without any proof.” 

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