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Anand Appugol arrested in Mumbai

Sep 18, 2017 by Uday Sep 18, 2017 7 Comments

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Anand Appugol the Chairman of Shri Krantiveer Sangolli Rayanna Co-Operative Credit Society who was missing since a fortnight has been nabbed by the Karnataka Police in Mumbai and he is been brought to Belagavi.

From the past several months the depositors of Shri Krantiveer Sangolli Rayanna Co-Operative Credit Society were not able to get back their deposits even after maturity and the amount is the tune to Rs.300 crores.

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The depositors since the past week were seeing going to the house of the president Anand Appugol and also follow up with the bank, but the bank was unable to repay the deposits.

anand-appugolAppugol had tried to get anticipatory bail but all his attempts have gone in vain. A case has been registered by the Co-op department.

Appugol is has been brought to Belagavi and was produced in Court.

 

 

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Comments

  1. Vijay says

    Dec 24, 2017 at 11:02 AM

    Does anyone have updated latest on this case

    Reply
    • martha says

      Feb 2, 2018 at 8:25 PM

      many are tensely waiting, but nothing is happening, we have to unite and fight for our hard earned money, or else, he will quietly escape again.

      Reply
  2. Fazaladamsab says

    Sep 19, 2017 at 1:12 PM

    Police department has to first arrest the left and right members of anand appogol toknow the amount where he has deposited otherwise we cannot recover the public money

    Reply
  3. Digviju says

    Sep 19, 2017 at 11:24 AM

    Any citizen if convicted must not only jailed, plus recover the money, nothing happened in jayalalita, reddy, kalmadi,….cases. only jailed n left free. How much money recovered?????

    Reply
  4. Ramakant says

    Sep 18, 2017 at 4:59 PM

    He must have siphoned off the funds and invested. Demonetisation caught them with their pants down. The way Sahara chief has been arrested and money are being recovered by the supreme court, the same way this guy should be treated and money refunded.

    Reply
  5. Amruth Joshi says

    Sep 18, 2017 at 4:22 PM

    This is a cooperative society and not bank..there is a big difference between both. Deposits done with bank are more secure and deposits upto one lakh is insured ..so that common depositers money is secure..
    But that is not the case with societies

    Reply
  6. Chipre says

    Sep 18, 2017 at 4:17 PM

    Police treatment required to find funds but unlikely. VIP scams often go unpunished.

    Reply

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