December 7th, 2011
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5 crore bribe for loan; farmer commits suicide

punjab-farmer-suicidePunjab: A Punjabi farmer consumed poison and ended his life outside the local branch of Punjab Krishi Vikas Bank, in the border town of Abohar in Punjab. In his suicide note he accused the bank of refusing him a loan of 50 crore even after he paid up a bribe of Rs 3 crore to senior bank officials.

His family alleges that over the last three years, he sold his land and borrowed money from friends and relatives because two bank officials had asked for 10 per cent of the loan he wanted as a bribe. That worked out to five crores – and Mr Yadav’s family says he handed over three crores in different installments to Ravindra Pal Sekho and Neeraj Kumar Aneja. Both bank employees are absconding.

Based on the charges made in the suicide note, the Abohar police has registered a case against Ravinder Pal Singh Sekhon and Neeraj Kumar Aneja. The chairman of the bank, Sukhdarshan Singh Maraar, says that the bank will cooperate with the police investigation, but there is no record of Mr Yadav’s application for a loan worth 50 crores.


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