Himachal Chief Minister Sukhvinder Singh Sukhu’s name surfaces in KCC Bank fraud case: Allegations of conspiracy over Manali land
Una, (Himachal Pradesh) [India], January 12 (Diary Times): Yudh Chand Bains, an accused in the KCC Bank loan fraud case, has levelled serious allegations against Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu and other Congress leaders. Bains, in a press conference held in Una, claimed that a conspiracy was hatched to implicate him in a fraud of crores of rupees so that his land in Manali could be transferred to Congress leader Priyanka Gandhi.
Bains said that he has already submitted evidence of this conspiracy to the Enforcement Directorate (ED). Along with this, he told that despite being acquitted twice in the investigation, vigilance action is being taken against him again under political pressure. According to Bains, when the Chief Minister and his political advisors took power, he was specifically targeted.
He alleged that loans sanctioned under NABARD guidelines were being wrongly investigated, while other loans, which did not meet the same standards, were ignored. Bains also said that two of the chief minister’s aides, Gyan Chand and Sanjay, are already in ED custody for financial irregularities, while two others are absconding. Bains accused the state government of resorting to fabricated cases to force him to withdraw the ED complaint against him.
What was even more shocking was that Bains claimed that he was offered a bribe of ₹50 lakh in exchange for relief in the case. He also alleged that bank officials and government representatives undervalued his hotel land in Manali, which was worth ₹167 crore as per the high court order. Bains said the land was being auctioned at a very low price in violation of legal procedures.
Bains asserted that he had already been acquitted twice in the loan fraud case, but when he refused to succumb to political pressure, a new vigilance case was registered against him. He reiterated that his loan was completely legal and sanctioned through due process.
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The allegations have brought a new twist to the KCC Bank fraud case, raising questions of abuse of power and political influence. The case could have a major impact on the political and financial landscape of Himachal Pradesh as the investigation continues.
Currently, the state government and Congress leaders have not given any official response to the allegations made by Bains, and the case is under investigation.
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