Aggrieved investors of J&K coop bank protest outside Lok Bhavan
JAMMU, Jan. 30 -- With no resolution in sight, aggrieved investors of J&K State Cooperative and Rural Agricultural Development Bank, on Thursday held a protest outside Lok Bhavan and demanded refund of their deposits.
The investors, largely pensioners, farmers and senior citizens, have been reportedly duped by the state-owned bank of their hard earned money, which they had deposited with the bank. From March last year, investors have been demanding that their money be paid back to them. "Our hard earned money has been swindled by this bank. We had invested our money with them. Some among us have to marry their daughters and some have to finance education of their children. It was a government bank, not a private one," said Rakesh Gupta, a 71-year-old protester. During the protest, a strong posse of police force reportedly heckled investors.
"We won't back down till our money is given back to us," said another protester Anil Kumar, aged 63. "We have been demanding our money since March last year. We also met BJP MLAs but to no avail," he added. They demanded that criminal proceedings be initiated against the bank chairman, managing director and other officials. htc...
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