₹1,900cr of HP govt, public stuck in Yes Bank, says Jai Ram
BLAME GAME Members of opposition accused the ruling BJP government of being spectator to the crisis
SHIMLA: Over ₹1,900 crore belonging to the Himachal Pradesh government and the public are stuck in crisis-hit yes Bank, said chief minister Jai Ram Thakur who also holds finance portfolio told the state assembly here on Thursday.
Soon after the question hour in the Budget session, the ruling party and opposition were in blame game over the issue. Leader of opposition Mukesh Agnihotri on Wednesday had accused the Himachal Pradesh government of being mite spectator to Yes Bank crisis.
Jai Ram Thakur said that ₹1919 crore are deposited in nearly 32,000 accounts of Yes Bank’s nine branches located across the state.
Over ₹750 crore were deposited by Himachal Pradesh State Co-operative Bank in Yes Bank before December 31, 2017 and ₹650 crore were deposited after December 31, 2017 by Himachal Pradesh State Cooperative Bank.
Kangra Central Cooperative bank had deposited ₹179 crore before December 31, 2017 and ₹320 crore after December 31, 2017. Himachal Pradesh infrastructure development board had deposited ₹200 crore before
December 31, 2017 and ₹104 crore after December 31, 2017.
Himachal Pradesh Power Transmission Corporation Limited had deposited ₹11.80 crore before December 31, 2017 and ₹25 crore after December 31, 2017. Dharamshala Smart City had deposited ₹209 crore before December 31, 2017 and ₹170 crore after December 31, 2017.
The government has appointed former State Bank of India’s chief financial officer as the administrator of Yes Bank. According to the proposed scheme, State Bank of India will ensure 26% partnership in Yes Bank which can be increased up to 49%. After evaluation, this amount is about ₹2500 crore.
The chief minister said that the RBI had already stated that the money of the depositors in Yes Bank is secure and safe and
SBI will prepare a scheme to get Yes Bank out of this crisis within a week’s time.
In his statement Jai Ram referred to the portrait of former Prime Minister Rajiv Gandhi that was sold by Congress leader Priyanka Gandhi to former Yes bank chief executive officer Rana Kapoor. Opposition members sharply objected to Jai Ram’s reference about Priyanka Gandhi.
He said that opposition should remember that Rana Kapoor had bought portrait worth ₹2 crore.
“Everyone knows who promoted Rana Kapoor and Yes Bank” said Thakur. The members of opposition reacted strongly to his remarks.
Leader of opposition Mukesh Agnihotri sought assurance from the chief minister on money of the depositors in Yes Bank.
Vidhan Sabha speaker Vipin Singh Parmar did not permit opposition members to seek clarification on the issue, but later allowed them to raise their queries. The chief minister said that the opposition was politicising the Yes Bank crisis .
“The opposition was trying to portray as if coronavirus and Yes Bank crisis were created by Bharatiya Janata Party,” Thakur said.
Everyone knows who promoted Rana Kapoor and Yes Bank. The opposition was trying to portray as if coronavirus and Yes Bank crisis were created by BJP
JAI RAM THAKUR, chief minister