Fraud crop loans causes stir in all parties!

Andhra Pradesh government has directed CB-CID to probe in to the fraudulent crop loan accounts and attach the properties of those involved. Wide irregularities were reported in Primary Agricultural Cooperative Societies (PACS) in which the managements have taken loans in Crores on the names of the farmers with out their knowledge. Majority of these irregularities have taken in previous congress regimes.

Majority of the DCCB Chairmen belongs to Congress and YSR Congress Parties now and some of them even have joined TDP party after Congress is reduced to minuscule during the bifurcation. And this fraudulent cases will now open a Pandora box now. Chief Minister Chandrababu Naidu has ordered the CB-CID not to spare any one irrespective of party lines

In the recent Loan Waiver scheme processing, up to one Lakh fraudulent crop loan accounts, and majority of them pertained to PACS were found. The farmers on whose names the loans were taken have already complained to the district collectors.