State govt stays recruitment process of YDCC bank

Following allegations of corruption during filling up of vacancies, the Maharashtra government has stayed the employees` recruitment process of Yavatmal District Central Co-Operative Bank (YDCC Bank).

Yavatmal: Following allegations of corruption
during filling up of vacancies, the Maharashtra government has
stayed the employees` recruitment process of Yavatmal District
Central Co-Operative Bank (YDCC Bank).

Commissioner and Registrar of Co-Operative Societies,
Pune stayed the recruitment process yesterday.

According to the Yavatmal District Congress Committee
General Secretary Ashok Bobade, whose party controls majority
of the directors` post in the bank, a section of the directors
under the leadership of bank chairman Manish Patil conspired
to sell out the vacant posts numbering over 200.

A quota of 6-8 posts was allotted to each of the
Directors who in turn started bargaining with the aspirants at
the rate of Rs 10-15 lakh for each post, he alleged.

Bobade said he met State Ministers Shivajirao Moghe,
Manoharrao Naik, MPCC President Manikrao Thakre, MLAs Nilesh
Parvekar, Wamanrao Kasawar, Vijay Khadse and Vasant Purke and
apprised them of the situation arising out of it.

Bobade claimed that he and three others signed a
memorandum of demands citing the ongoing corruption and red
tapism in the recruitment of employees and submitted the same
to the Chief Minister through a delegation of these leaders.

Chavan, after taking cognisance of the allegations
levelled against the Board of Directors and its chairman by
his party men, directed the State Commissioner and Registrar
to issue orders to stay the process with immediate effect.

The stay order has also directed the Regional Joint
Registrar of Amravati to expedite the ongoing disqualification
procedures against the 14 directors, including the chairman of
the bank.

The Regional Joint Registrar of Amravati had recently
served show cause notices under relevant sections of the
Maharashtra Co-Operative Societies Act on 14 Directors as to
why they should not be disqualified from the post of
Directors.

The notice was issued on the direction of the NABARD on
the basis of the norms set by the Reserve Bank of India as a
number of Co-Operative Service Societies promoted and
represented by these Directors are heavy defaulters of the
loan amount.

The Board of YDCC Bank consists of 29 directors and is
under the joint control of Congress and NCP having 17 and 11
directors respectively.

PTI

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.