Cong demands CBI probe into Raghavendra bank scam; alleges BJP’s involvement

Team Udayavani, Jul 16, 2021, 10:11 AM IST

Bengaluru: Congress leader Sankara Guha Dwarakanath demanded a CBI probe in the alleged multi-crore scam in Bengaluru-based Sri Guru Raghavendra Sahakara Bank.

Sankara Guha said, “We now firmly suspect that there is a malicious attempt at the behest of local politicians. More importantly, the audit report that was promised is nowhere, the local MLA and MP are cleverly ignoring the issue.”

He said if the audit report is not released soon, the party will hold a protest against the Reserve Bank of India.

In September 2020, the ED attached properties worth Rs 45.32 crore of various key management personnel of the bank on allegations that they had diverted the bank’s funds. The attachments were made under the provisions of the Prevention of Money Laundering Act 2002.