RS Dy Chairman figured in bank scam

February 13, 2011 17:19
RS Dy Chairman figured in bank scam

The saga of scam continues to haunt the nation as in a fresh case, the Rajya Sabha Deputy Chairman Rahman  Rajya Sabha, Deputy chairman, Amanath Cooperative Bank, FIR, Rahman Khan, MirrorKhan has been named the prime accused in a Rs.160 crore misappropriation scam that has come to the light in Bangalore-based Amanath Cooperative Bank.

According to the version of a Bangalore-based Daily "Mirror", an FIR was filed by the Police in regard to a complaint lodged by the cooperation department on Wednesday.

An internal enquiry conducted into the alleged scam established the involvement of Rajya Sabhya Deputy Chairman, Rahman Khan.

The scam pertains to sanctioning loans to benami borrowers of the bank. It is alleged that Rahman Khan  with the connivance of two noted property developerses recommended the disbursement of loans to non-eligible loanees as a result of which the bank suffered huge losses.   

Reacting to the news about his being named in the FIR, Rahman Khan accused the state BJP government headed by Yediyurappa of witchhunting him as happens to be the Congress Party member.

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