Punjab farmer committs suicide on bank premises after being denied Rs. 50 crore loan

On Monday while failing to get a loan of Rs. 50 crore from a bank, an indebted farmer committed suicide by consuming poison in the bank premises.
Vinod Kumar Yadav, a resident of Ramsara village in Abohar sub-division of Fazilka district, in his three page suicide note, written in Panjabi, held Bank Manager, Ravinder Pal Singh and field officer Neeraj Kumar Aneja of Punjab Agriculture Development Bank, responsible for his death. He accused them of not sanctioning  him a loan of Rs. 50 crore as promised to him earlier.
The suicide note claims that the bank officials had assured him an agricultural loan of Rs. 50 crore to purcahse some agriculture land. The victim was later on asked to deposit a certain percentage of the loan amount, which he had arranged by selling his agriculture land and later on by taking loan from private lenders.
According to the suicide note, the bank officials had agreed to sanction hima loan of Rs. 30 crore from NABARD, Chandigarh and Rs. 20 crore from the local branch of the bank. Yadav also alleged that the bank officials had also taken some amount as their commission from him. But later the officials started started taking extreme steps.
The note has the detail of the amount Yadav took as loan from his relatives and friends. His brother Vijay Pal Yadav claimed that apart from taking loans from his friends and relatives, the victim had recently sold his agricultural land for Rs. 75 lakh and deposited the amount in the bank to avail the loan.
A case under Section 306 of IPC has been registered against Ravinder Pal Singh and Neeraj Kumar. The officials rebutted the allegations of having taken any bribe money from the victim.
News reported by AR for Newsvision newspaper

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