FIR
In Una, January 8, the State Vigilance and Anti-Corruption Bureau has filed an FIR over a loan given by a Kangra Bank branch for building a hotel in Manali. The owners of two hotels, Himalaya Snow Village and Hotel Lake Palace, Yudh Chand Bains, along with bank officials and employees, are named in the case.
According to DSP Feroz Khan of the State Vigilance Bureau, the investigation began after a complaint from the Cooperative Secretary of the State Government. The complaint raised concerns about the hotel operator taking multiple loans from Kangra Bank. The bank officials violated the bank’s rules and guidelines from the Reserve Bank of India (RBI) and the National Bank for Agriculture and Rural Development (NABARD). Despite these violations, the bank disbursed a loan of Rs 20 crore to the operator.
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The vigilance team has now launched an investigation into the Rs 20 crore loan, and the case is being closely looked at. This is not the first time this matter has caused controversy, as it has made headlines before in Himachal Pradesh.
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