74-year-old Thane man becomes 8th victim of PMC Bank crisis
Mumbai: Another depositor of the troubled cooperative lender PMC Bank has died allegedly due to an inability to take care of his medical bills, his family members said on Monday.
The 74-year-old Andrew Lobo died at his home at Kasheli in the neighbouring Thane late Thursday evening, his grandnephew Chris told PTI.
Lobo is the eighth PMC depositor to have reportedly died after the bank was placed under an RBI administrator with withdrawal caps. There was a case of suicide of a depositor as well at the bank since September 23 when the RBI suspended the bank management.
Chris said Lobo had over Rs 26 lakh in his accounts with the bank and used to depend on the interest for his day- to-day needs.
"Two months ago, he developed a lung infection which needed regular medicines and visits to the doctor. His money was stuck in the bank, and we also have our accounts with PMC, due to which none of us could take care of his medical requirements," Chris said.
Lobo had a business of fabrication in suburban Mulund till he discontinued it a few years ago, the grand nephew said, adding his accounts were with the Mulund branch.
The RBI has put an administrator on the bank and claims that 77 percent of the 16 lakh depositors can fully withdraw their money with the limits having being raised to Rs 40,000 per account.
The city police has pegged the overall size of the financial scam at the bank at Rs 4,355 crore and has arrested five people in connection of the case.
According to investigators, the bank management colluded with realty developer HDIL in such a way that loans were made to the company despite non-payments through specially created dummy accounts. These transactions were also allegedly hidden from the central bank's audit.
As a result, over 6,500 crore of the bank's overall advances of Rs 9,000 crore have turned sour.
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Hyderabad woman commits suicide after allegedly getting injected with HIV-infected blood by relative
Hyderabad: A 22-year-old woman committed suicide in Hyderabad about a month after a relative allegedly injected her with HIV-infected blood after she rejected a marriage proposal, police said.
The woman is identified as Ramani. She was found dead at her grandmother's home in Annojiguda on Friday morning, according to The News Minute.
According to police, the accused, a 24-year-old man related to the victim, had been in a relationship with her. Initially their families had agreed to their marriage but the proposal was later withdrawn after medical tests confirmed that the man was HIV positive.
According to investigators, the accused allegedly injected his own blood into the woman at her home on March 11, after his marriage proposal was refused. Police said he obtained a syringe and committed the act when she was alone, allegedly with the intent of forcing her into marriage.
The incident was discovered when the woman told her relatives and was sent to a medical checkup. The accused was detained in March and put in judicial prison on allegations including attempted murder.
Police said a suicide note was recovered from the scene in which the woman mentioned being distressed by the manner in which the incident was discussed on social media. Family members stated that she had been undergoing emotional distress and had developed health complications following the assault.
