Babaji Date Mahila Sahakari Bank Fraud Case in Yavatmal
Frustrated depositors in Yavatmal demand action as the SIT struggles to arrest suspects in the ₹242 crore Babaji Date Mahila Sahakari Bank fraud case.
by Nagpur Trends Team | Published on 2024-10-17 17:23:01
Vidarbha, Yavatmal, India: The Special Investigation Team (SIT), established to apprehend the suspects in the Babaji Date Mahila Sahakari Bank fraud case, conducted searches at the residences of several accused individuals on October 15. However, none of the suspects were found at the locations. A total of 206 people have been charged in connection with the case.
There are allegations of intentional delays in police action since the case began. Despite the case being registered, the arrests of the accused have progressed very slowly. So far, only seven individuals have been arrested, while more than 80 have sought anticipatory bail in court. Additionally, some of the accused have left the area.
The delay in arresting those involved in the ₹242 crore embezzlement has left depositors, who lost their money, frustrated. Despite assigning a Deputy Superintendent of Police to lead the investigation, there has been no visible progress in the case.
Meanwhile, the accused are seeking bail by approaching the court. The other suspects have become cautious, anticipating when the police might arrive at their homes. As a result, they avoid staying at home during the night and early morning hours.
Some accused individuals are also seen moving around freely. In response to this situation, frustrated depositors submitted a memorandum to the District Collector on Tuesday, expressing their desperation by requesting permission to take their own lives.
The defaulters, along with the bank’s directors, officers, and employees, have not yet been arrested, leaving the depositors feeling as though they have no alternatives left.