E-Paper
Loan against dead man?s guarantee
IT MAY be difficult to believe that a nationalised bank will sanction loan against the gurantee of a ?dead? person. But one such case came to light during the ongoing ?Drive Against Bribe? camp at the district headquarters here today.
IT MAY be difficult to believe that a nationalised bank will sanction loan against the gurantee of a ‘dead’ person. But one such case came to light during the ongoing ‘Drive Against Bribe’ camp at the district headquarters here today.
Dashmi Prasad Yadav, a resident of Shankarpur village in Chiraigaon development block, who turned up at the camp today alleged that Parao branch of Union Bank of India sanctioned loan of around Rs 7.50 lakh in 1996 on the gurantee of his grandfather late Sarju Yadav who had died in the year 1992.
The victim, Dashmi Prasad Yadav, who filed an application under the Right to Information Act seeking details as to how the loan was sanctioned against the guarantee of a dead person, said that they came to know about this anomaly in the year 2002 only after a notice of attachment of immovable property was served to them for not returning the payment of around Rs 12.50 lakh to the bank.
The loan was sanctioned to one Raees Akhtar, son of Akhtar Alam and a resident of Koela Bazar area. Yadav, however, added that the address of loanee was fake as they failed to trace out Raees Ahmad on the said address. “I do not know how the bank sanctioned the loan on the guarantee of my grandfather who had died four years before the transaction took place”, said Yadav. He showed documents which proved the claim that his grandfather Sarju Yadav had died in 1992. However, when contacted, the manager of Parao branch of Union Bank of India, AK Verma, said that Dashmi Prasad Yadav failed to give satisfactory documents in his favour. “I can not say much as the matter is under sub-jurisdiction of the Debts Recovery Tribunal, Allahabad”, he said.
Meanwhile, the ‘Drive Against Bribe’ campaign has started yielding results to the victims of red-tapism and ‘babugiri’ here in Varanasi. RK Singh, a resident of Ram Janki Dham Colony in Shivpur area, who had retired from Irrigation department as assistant engineer in July 2004 from Deoria, got his case solved within three days after filing an application under Right to Information Act. Singh said the officials at the treasury office were giving him less pension since April, 2006.
