Lucknow, September 27: Opposition Samajwadi Party today demanded a CBI inquiry into alleged large scale corruption in the Uttar Pradesh cooperative rural development Bank.
“The BSP government on coming to power cut short the tenure of the elected members of the Bank and appointed an MD under whom there had been several cases of massive corruption and irregularities,” Leader of Opposition and senior SP leader Shivpal Singh Yadav told reporters here.
“A CBI inquiry should be ordered into it,” he added.
Appointments, transfers, sanctions of loans, suspensions and reinstatements have been made on payments from which the concerned minister has also benefited, Yadav alleged.
Alleging that ruling BSP was out to weaken the cooperative movement, he said through a decision of the central registrar and the High Court, the bank has been held as a multi-state institution and therefore the state government has no control over it.
–Agencies