FRIDAY, APRIL 26, 2024
Team Herald
PANJIM: About 70 of the remaining 100 employees of the Mapusa Urban Cooperative Bank (MUCB) of Goa will be relieved from their services from July 1 this year. This is an exercise to liquidate the bank which went into red about more than half a decade ago.
Anthony de Sa, a retired senior IAS officer and the new liquidator of the MUCB while speaking to Herald said, “This is an exercise to liquidate the bank and all government norms are been followed. One lot of employees were relieved on February 1 this year which was similar to about 70 employees and another 70 will be relieved on July 1 and that will leave us about 28 employees after that as two employees will be retiring in normal course this month. We also have to ensure that all the genuine investors in the bank will get their money back and we are doing this exercise in a big way and in a speedy manner. We have to settle the claims of over a lakh of investors and we are committed to do it.”
Senior citizen Joseph Carneiro who is an investor with the bank and has fought this “battle” for last six years and has an informal team of investors who have their deposits in MUCB, while talking to Herald spelled out that, “Out of our 397 members only about 85 members have received total amount of Rs 1.029 crore till May 29, 2021.”
He further said, “It is encouraging to the aggrieved depositors that since the replacement of the ex-liquidator Daulat Hawaldar, the progress made by the new liquidator Anthony de Sa of disbursements of depositors funds, denied since the last six years (2015) has been observed to be accelerated bringing relief to the poor depositors who have suffered relentlessly due to no fault of theirs but solely due to the fraud, violation of the RBI imposed etc.”
