TMC seeks clarification over the seized Rs. 570 crores

With the Reserve Bank of India (RBI) already clarifying that the Rs. 570 crore seized near Tirupur belonged the bank, members of the Tamil Manila Congress (TMC) have sought further clarification and have questioned the transportation of such a huge sum close to elections with the Model Code of Conduct in place.

Staging a demonstration in front of the State Bank premises near Railway Station, the members of the party also demanded that the Manager of the bank should provide the necessary documents.

Transportation of such huge amount money cannot happen close to weekends according to State Bank rules. Why was there such a huge transaction that too during the election period," questioned M. Yuvaraja, President of the District Youth Wing of TMC.

He also alleged that no proper information had been provided by the bank to the local police before transacting the money.

He further alleged that denominations did not adhere to bank norms and also added that containers were not necessary to transact Rs570 crore, as a single container would have been enough.

"We demand that the Manager clarifies the doubts of the people regarding the issue and a probe should be conducted on the issue," Yuvaraj said.

Health Center to Drainage Works: coimbatore Peelamedu Ward 27 Gets Inspection

Coimbatore Corporation North Zone Ward 27 Councillor Ambika Danapal conducted field inspections of the primary health ce...

Heavy Rain Warning: Paralikkadu Ecotourism Temporarily Closed

Paralikkadu ecotourism center under Karamadai forest range has been temporarily closed for this entire week as a precaut...

Coimbatore Corporation Commissioner Orders Immediate Removal of Public Space Encroachments

Coimbatore Corporation Commissioner M Sivaguru Prabhakaran has ordered construction companies and residents associations...

Industry Body Recalls TN’s ₹12 Lakh Crore Investment Growth; Urges New Govt to Continue the Momentum

K.E. Raghunathan, National Chairman of the Association of Indian Entrepreneurs, has urged the Tamil Nadu government to m...

Collector Inspects Desilting Works at Kurichi Dam Canal

Coimbatore District Collector Pawan Kumar Giriyappanar and Corporation Commissioner M Sivaguru Prabhakaran inspected des...

Tamil Nadu Forms 65 Anti-Narcotic Task Force Stations Under CM's Direct Watch

Tamil Nadu government establishes 65 dedicated Anti-Narcotic Task Force police stations across all districts and city co...