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CM conniving to destroy Goa Urban bank: Reginaldo

13 Aug 2017 06:19am IST

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Team Herald

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13 Aug 2017 06:19am IST

Report by
Team Herald

Says the bank plans to send home 125 employees under VRS and close down five branches

MARGAO: Curtorim Congress MLA Aleixo Reginaldo Lourenco has accused Chief Minister Manohar Parrikar of conniving with its chairman, managing director and few other directors of Goa Urban bank to destroy it.

Reginaldo alleged that the bank plans to give VRS to 125 employees and close down five 5 branches.

“When you say that 125 employees will be given VRS of a total of 600 employees, which is 20 % of the total employees, you are sending them home for no fault of theirs. Are you going to starve them?” asked Reginaldo

“You don’t have a majority. I am now asking the chairman, do you know the implication for the next 25 years? Is it a board decision? And how many directors were present for the board meeting? The people would like to know,” Aleixo asked.

“Please tell the people (small investors) what steps you took to strengthen the bank and please tell what action you took on the defaulters. Please tell me what austerity measures have you taken first before talking about VRS? Did you take any action on the director, MD, staff or defaulter for the last five years, please tell? the Congress MLA goaded the chief minister. 

“Did you stop your allowances? Stop using the car? Stop claiming monthly phone bills? Stop the TA and DA? Stop attending all out station conferences? Save on airfare?” Did you do any of these things to save the bank? Please don’t talk of scams and loots of others,” criticised Reginaldo while accusing that there have been no austerity measures taken by the MD and Chairman. 

Replying to the threat of the bank chairman of filing defamation case against him, Reginaldo said, “I have not robbed your or any other bank, neither do I intend to. I am a part of the Legislature and hence don’t threaten me that you are going to file a defamation case against me.”

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