Cheating cases against DCC staff

Illegal transfer of govt funds to co-operative societies alleged

Robertsonpet Police on Friday registered cheating cases against several staff members of the Kolar and Chikkaballapur District Co-operative Credit Bank.

P S Chandrashekhar, who had been a senior assistant in the Bank from 2008 to 2010, has been accused of working hand in glove in six cases with office-bearers of the co-operative societies and causing the Bank loss of Rs 78.29 lakh. He has been accused of permitting the misuse of the Rs 15 lakh grant released by the Union Government in 2008 for various co-operative work.

Orders sidelined

Although the authorities had ordered an opening of a sustenance account of Rs 3.29 lakh in the Women's Multipurpose Co-operative Society at Ghattakamadhenahalli in Bangarpet taluk, Chandrashekhar had forgone the order to move the amount to a current account.

Shantamma and Stellar, staff at the co-operative society, are charged with abetting Chandrashekhar.

Ramachandran, senior assistant at the DCC Bank, complained that Chandrashekhar was also involved in the illegal transfer of Rs 15 lakh each to the Tattanahalli Agricultural Labour Co-operative Society in Bangarpet taluk, the Karadipura Agricultural Co-operative Society as well as the societies at Kempapura, Bethamangala and Parandahalli at Kyasamballi hobli.

Cases have also been booked against Zilla Panchayat member R Narayana Reddy, Congress local leader Padmanabha Reddy, Kodandaramaiah of Bethamangala, Venkataswamy of Kempapura, Raghurama Rao of Parandahalli, Narayanaswamy of Tattanahalli and Narayanaswamy of Kadaripura.