Preliminary probe ordered against Balagram Cooperative bank officers


The New Indian Express reports:
KOCHI: The Muvattupuzha Vigilance Court on Wednesday ordered a preliminary inquiry against present and former functionaries of the Balagram Service Cooperative Bank in Idukki, over alleged fund misappropriation and malpractices. As many as 34 persons associated with the bank, including its present and former board members and secretaries, will face inquiry. The court ordered the Idukki DySP of the Vigilance and Anti-Corruption Bureau to conduct the preliminary inquiry and file a report before July 2.
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