Veerashaiva Credit Co-Operative Bank’s four former officials have been arrested by Economic Offences Wing. The Bank is located in Andheri in Mumbai.
Those arrested include Malikarjun Siddhnal, Manohar Kori and Mahableshwar. There were vice-president ,former chairman (67)and former vice-chairman of Veerashaiva Credit Co-Operative Bank.
They have been arrested on charge of giving loans to the tune of more than 50 crores on the basis of fake papers.