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Enforcement Directorate to investigate 110 proprieties of Sangolli Rayanna Coop

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By editor


Anand Appugol, accused of swindling depositors’ money in the Sri Krantiveer Sangolli Rayanna credit cooperative society had many properties in around 16 names.


110 properties were seized and after all the legalities the Registrar is gearing up to sell these properties and return the money of the depositors.

The team from Enforcement Directorate is currently here in Belagavi to investigate more into how these 110 properties were bought.


Now the court order is awaited for the auctioning of these properties and after the realization of the funds, the hapless depositors whose hard money was siphoned off would be returned.


1 thought on “Enforcement Directorate to investigate 110 proprieties of Sangolli Rayanna Coop”

  1. Can any one help us to know whom to contact for getting the deposits made by us in Krantiveer songoli rayann society Belgaum if court desides to return the depositers money by disposing the property of the chairman


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