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TMC youth wing threatens agitation over Rs.570 crore

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Press Trust of India Coimbatore
The youth wing of Tamil Maanila Congress (TMC) today threatened to organise a state-wide agitation, if the State Bank of India did not come out with proper details about the Rs.570 crore seized and handed over to it by the Election officials recently.

In a petition submitted to the authorities of the Bank here, TMC Youth Wing President Yuvaraj said doubts had been raised about the real ownership of the amount, about the behaviour of crew of container trucks and also the police officials accompanying them.

If the SBI management did not come out with proper explanation within two days, TMC youth wing will organise 'massive demonstrations' in front of all SBI branches and offices across the state, Yuvaraj said.
 

Election officials had seized three trucks with the cash near Tirupur, but later the bank claimed the money saying it was on a routine transfer. RBI had also stated that the cash belonged to SBI and it was part of regular money management.

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First Published: May 25 2016 | 6:42 PM IST

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