TN: Former PACS Secretary arrested

Commercial crime wing of the Tamil Nadu police has arrested Nagarajan former secretary of Primary Agricultural Cooperative at Gandhigram. Mr. Nagarajan was the secretary of the bank in 2012-13, reports the Hindu.

Police say Mr. Nagrajan did not put the money paid by jewel loans borrowers into the bank account and his financial shenanigans cost the bank a loss of about Rs. 5 lakh.

Acting on a complaint lodged by Dindigul District Cooperative Societies’ Registrar Maran, the police registered a complaint and arrested him.