Congress raises pitch on PMC scam

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Branch of the Punjab & Maharashtra Cooperative (PMC) Bank

New Delhi,  The Congress has accused the BJP-led NDA government of not giving attention to PMC Bank scam in which three depositors have lost their lives.

Party spokesperson Akhilesh Pratap Singh said that Congress is challenging Prime Minister Narendra Modi to announce that the depositors of the PMC Bank will be able to withdraw money as per their convenience from tomorrow.

The Congress is raising the PMC issue as Maharashtra goes to polls on October 21. The party is trying to capitalise on this issue in Mumbai which has about 36 seats in the state Assembly. The ruling coalition is strong in the suburbs as BJP is pitching its campaign on national issues.

The issue of abrogation of Article 370 is BJP’s prime focus.

Singh said rating agencies have downgraded India’s rating, more than 600 bank branch has been closed, 100 ATMs have also shut while alleging that “Modi has given more than Rs 6 lakh crore to his corporate friends”.

The PMC Bank depositors on Wednesday also met the Mumbai Police Commissioner to apprise him of the situation. The case is to be heard in the Supreme Court on Thursday. Their plea seeks 100 per cent insurance protection to all 15 lakh depositors of the bank.