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All About Belgaum

All About Belgaum

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Anand Appugol gets bail from HC

Nov 9, 2017 by Editor Nov 9, 2017 7 Comments

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In a huge relief to Anand Appugol, the chairman of the Krantiveer Sangolli Rayanna Cooperative Credit Society, Dharwad bench has granted him bail.

Appugol was arrested in Mumbai on September 17 by the police, following a complaint of the cooperative department, stating the bank has cheated depositors to the tune of Rs 250 crores.

anand-appugolThe district court had rejected the bail plea but the Hon High court has granted him bail and he could be out of the jail by tomorrow.

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About Editor

Writes about the cozy town of Belagavi and captures all the important happenings of the city. Since 2007 have been writing on AllaboutBelagum on varied topics and impactful stories.

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Comments

  1. Tuna says

    Nov 11, 2017 at 11:56 AM

    If he gets out, will he have humanity to give the money back ?

    Reply
  2. Sanjay says

    Nov 10, 2017 at 8:35 AM

    Lo….Now depositors should forget to recover a single paisa from him and he will still live a luxurious life!!

    Reply
  3. PB says

    Nov 10, 2017 at 2:33 AM

    I dont understand the use of word “big relief”. It almost sounds like he is innocent. He owes money to people who did business with his bank. I know many who are from poor background and they are not even sure if their money will be returned.

    Reply
    • Editor says

      Nov 10, 2017 at 7:23 AM

      its a big relief to him for sure

      Reply
      • Sanjay says

        Nov 10, 2017 at 11:44 AM

        Its true….as an individual yes he is relieved and anyhow how money can be recovered from him by keeping him. “In jail or out of jail Money will never be recovered”.

        Reply
      • PB says

        Nov 10, 2017 at 8:44 PM

        Is he relieved because he will now come out of jail and first thing he will do is return all money with interest! ROFL!

        Reply
  4. Tima says

    Nov 9, 2017 at 11:35 PM

    In the game, All in the game.

    Reply

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