Minister Ramvichar Netam, has reiterated State Government’s zero-tolerance stance against corruption following revelations of an alleged financial irregularity of approximately 28 crore in the District Cooperative Central Bank Limited, Ambikapur. The case pertains to alleged irregularities reported in the Shankargarh and Kusmi branches of the bank in Surguja division. According to official sources, the matter came to light after complaints regarding the opening of fraudulent accounts in the name of schemes such as MGNREGA and Janpad Panchayat funds, allegedly leading to misappropriation of money belonging to farmers and beneficiaries. Following the complaints, the minister directed the then Collector and Superintendent of Police of Balrampur– Ramanujganj district to take strict action against those responsible. Subsequently, investigations were initiated.

 

Preliminary findings reportedly indicate that bank employees allegedly opened fake accounts in the name of tribal cooperative committees, including Jamdi, resulting in misappropriation of nearly 19 crore. It is further alleged that funds were transferred through RTGS transactions from bogus MGNREGA and Janpad accounts to private entities. So far, FIRs have been registered against 10 bank employees in connection with the case. Authorities confirmed that the matter is now under investigation by the Enforcement Directorate (ED), which has issued notices seeking detailed information from the bank management. The minister stated that the state government remains committed to protecting farmers’ interests and ensuring accountability in financial institutions. The Chief Minister had reportedly assured a high-level inquiry into the matter. Officials said further action will depend on the ongoing investigations by law enforcement and central agencies.