Bengaluru: BJP MP Tejasvi Surya was forced to leave an election campaign event at Basavanagudi in the city on Sunday, after investors who lost huge amounts of money due to a multi-crore scam involving the cooperative bank, Guru Raghavendra Sahakara Bank Limited, heckled Surya, demanding answers to their queries in the matter.
The investors who attended the event at Laxmanrao Imandar auditorium of Basavanagudi on Sunday forced Surya and BJP MLA from Basavanagudi LA Ravi Subramanya to clarify why the bank was delaying in compensating them for the losses that the investors had suffered due to the scam. The BJP leaders tried to pacify the bank investors, but the responses to the questions failed to satisfy the investors.
Video clips of the incident have gone viral on social media, and show the security leading the MP out of the hall. The MP, however, is also seen arguing with some of the angry investors while walking away.
The bank management had allegedly misappropriated around Rs 2,500 crore, in the said scam. The matter came to light in 2020, when the Reserve Bank of India (RBI) imposed withdrawal restrictions on the cooperative bank. More than 45,000 depositors had invested in the bank, and most of them received the Rs 5 lakh insurance amount from the Deposit Insurance and Credit Guarantee Corporation.
Over 15,000 depositors, whose deposit amounts exceed a total of Rs 6 lakh, have not been fully compensated. The Enforcement Directorate (ED), which probed the matter, attached the bank’s properties worth Rs 159 crore. The bank management has been accused of siphoning huge amounts of money, hand-in-glove with other people in the act.
The Karnataka government had also ordered in December 2023 an investigation of the scam by the Central Bureau of Investigation (CBI).
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Bengaluru (PTI): Bringing much relief to the people battered by the scorching summer, heavy rains coupled with hailstorm lashed the city on Wednesday.
The thunderous downpour with stormy wind cooled the city, where the temperature had soared to 37 degree.
With the rains, the city, from being parched, witnessed waterlogging in just two hours.
There was waist-deep water in many areas in the city such as Richmond Town and Shanthinagar resembling a river.
The unexpected rain did not spare Vidhana Soudha, the seat of power, as water gushed inside the government offices from the lobby. The office of the Leader of the Opposition in the Karnataka Assembly R Ashoka was also flooded.
Since the downpour occurred in the evening, many office goers struggled to return home.
Uprooting of trees was reported in many parts of the city, including Malleswaram, Shanthinagar and Seshadripuram.
