Tirthahalli co-operative society president claims inquiry based on false complaints by loan defaulters
The president of a co-operative society in Tirthahalli has claimed that an inquiry ordered by the Karnataka government is based on false complaints from loan defaulters. Basavani Vijay Dev stated that the complaints were misleading and that the society has maintained transparency in its operations. He emphasized that the allegations stem from individuals who have defaulted on their loans and are attempting to deflect responsibility.
- ▪The Karnataka government ordered inquiries into three Tirthahalli-based co-operative societies.
- ▪The inquiries were initiated following complaints from shareholders, which the society president claims are misleading.
- ▪Basavani Vijay Dev stated that the complainants are loan defaulters trying to avoid repayment.
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| Publication time | Sat, 30 May 2026 16:11:18 +0530 |
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Basavani Vijay Dev, president of Sahyadri Multipurpose Arecanut Growers’ Marketing Cooperative Society, has alleged that the government of Karnataka ordered an inquiry into three Tirthahalli-based co-operative societies based on misleading and false information.The Department of Co-operation recently ordered inquiries into three societies – Sharavathi Credit Co-operative Society, Samruddhi Horticulture Produce and Sale Co-operative Society, and Sahyadri Multi-Purpose Arecanut Growers’ Marketing Co-operative Society. The inquiries were ordered following directions from the Chief Minister’s office, based on complaints filed by a few shareholders.On May 30, Mr. Vijay Dev told The Hindu that he recently met outgoing Chief Minister Siddaramaiah to discuss the issue.
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