TMC seeks clarification over the seized Rs. 570 crores

With the Reserve Bank of India (RBI) already clarifying that the Rs. 570 crore seized near Tirupur belonged the bank, members of the Tamil Manila Congress (TMC) have sought further clarification and have questioned the transportation of such a huge sum close to elections with the Model Code of Conduct in place.

Staging a demonstration in front of the State Bank premises near Railway Station, the members of the party also demanded that the Manager of the bank should provide the necessary documents.

Transportation of such huge amount money cannot happen close to weekends according to State Bank rules. Why was there such a huge transaction that too during the election period," questioned M. Yuvaraja, President of the District Youth Wing of TMC.

He also alleged that no proper information had been provided by the bank to the local police before transacting the money.

He further alleged that denominations did not adhere to bank norms and also added that containers were not necessary to transact Rs570 crore, as a single container would have been enough.

"We demand that the Manager clarifies the doubts of the people regarding the issue and a probe should be conducted on the issue," Yuvaraj said.

Festive Season: Weekly Special Trains to Operate Between Charlapalli - Sengottai via Coimbatore, Pollachi

To meet the increased passenger demand during the upcoming festive season, the Salem Division of Southern Railway has an...

Female Elephant Found Dead Near Thadagam; Post-Mortem Reveals Intestinal Blockage

An 8 to 10-year-old female elephant was found dead near Melmudi forest area under Thadagam North Range in Coimbatore. A...

DMK Councillor’s Husband Attacked with Sickle Near Pollachi; Right Hand Severed, Suspect Arrested

A man was arrested for allegedly attacking the husband of a DMK councillor with a sickle and severing his right hand fol...

Elephant Calf Found Dead Near Coimbatore’s Madukkarai; Carnivore Attack Suspected

An elephant calf found injured near the Madukkarai Forest Range in Coimbatore died on September 23 after being monitored...

Special Train from Tambaram to Coimbatore’s Podanur to Run on Sep 25

Southern Railway will operate a one-way special train from Tambaram to Podanur Junction via Chennai Egmore, Katpadi, Jol...

Coimbatore's 15-Year-Old Yugan Sakthivel Muthukumaar Wins Gold at ISSF Junior World Cup in Italy

Coimbatore's 15-year-old Yugan Sakthivel Muthukumaar won the Individual Junior Men's Trap Gold Medal at the ISSF Junior...