Shareholders thank State govt. for ordering inquiry against three cooperative societies of Tirthahalli
Shareholders of three cooperative societies in Tirthahalli have expressed gratitude to the State government for initiating an inquiry into alleged financial irregularities. The investigation was prompted by complaints regarding the acceptance of blank cheques and stamp papers from loan applicants. Shareholders hope the inquiry will reveal the truth behind these practices.
- ▪Shareholders thanked Chief Minister Siddaramaiah for the inquiry into three cooperative societies.
- ▪The inquiry was ordered due to complaints about financial irregularities involving blank cheques and stamp papers.
- ▪Each cooperative society will have a separate inquiry officer appointed to investigate the allegations.
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A section of shareholders of three Tirthahalli-based cooperative societies, currently under government-ordered inquiry, has thanked Chief Minister Siddaramaiah and the State government for heeding their complaints and ordering an investigation into the alleged irregularities.Speaking at a press conference here on Monday, shareholders Annapurna Javali, Kaneena Kadidal, Devendra Keerthi and others welcomed the government’s decision and expressed hope that the inquiry would bring the truth to light.The State government recently ordered inquiries into alleged financial irregularities in three societies- the Sharavathi Credit Cooperative Society, the Samruddhi Horticulture Produce and Sale Cooperative Society, and the Sahyadri Multi-Purpose Arecanut Growers Marketing Cooperative Society-…
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