As per the statement of (Srijan) secretary, Srijan is running a bank at Sabour block of Bhagalpur, which is affiliated to Cooperative bank. However, a day after the email, the government asked then Bhagalpur district magistrate Prem Singh Meena to probe the matter. Meena ordered an inquiry by a two-member team of then additional district magistrate Sudhir Kumar and then Bhagalpur district cooperative officer Pankaj Jha. Pankaj, incidentally, was arrested on Saturday for his alleged connivance in transferring Rs 48 crore of the Cooperative Department funds to Srijan. Sanjit Kumar says he had also alerted the Bhagalpur district administration about Srijan possibly “parking government funds”.
Source: Indian Express August 20, 2017 23:15 UTC