NELLORE: Sullurpet police booked municipal vice-chairperson G Eswaramma for misusing `9 crore, which was borrowed from the State Bank of India.The district cooperative officials had lodged a complaint with the police for recovery of Rs 7 crore dues from her. Now, she is absconding. According to the police, Eswaramma of Telugu Desam represents a voluntary organisation Camel, and she borrowed `9.21 crore from the SBI long ago in the name of Camel Women’s Cooperative Society for giving loans to self-help groups.
But, as per the complaint, the society had not repaid `7.08 crore.The police took the municipal vice-chairperson into custody for questioning in this regard. But she managed to go free. Sullurpet Sub-Inspector Indrasena Reddy said that they had registered a case against her under Sections 405, 409, 418, 420 and 423 of IPC. A manhunt has been launched to nab Eswaramma, he added.
Fund misuse
Eswaramma represents a voluntary organisation Camel. She borrowed J9.21 cr from the SBI in the name of Camel Women’s Cooperative Society for giving loans to SHGs. But, the society has not repaid J7.08 crore dues