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Courts & Legal Information
DCCB AGM served with show cause notices
Visakhapatnam, September 29, 2004

The District Collector Praveen Prakash has decided to terminate the DCCB Assistant General Manager B.Ajay Kumar and to this effect show cause notices have been served to him and also A.Ramabhadraraju, a messenger for involving in a one crore rupees case. He violated the laid down rules and deposited a sum of Rs.1 crore and deposited in Sikkam Bank.

The Sikkam Bank has bankrupt and amalgamated in Union Bank of India. The DCCB has approached the court. In the recent past, in the general body meeting of the DCCB has demanded to take stern action on the officials responsible.

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