`Irregular loan recovery has made SC/ST families bankrupt` http://www.zeenews.com/znnew/articles.asp?aid=402010&sid=REG&sname=&news=%60Irregular%20loan%20recovery%20has%20made%20SC/ST%20families%20bankrupt%60
Kannur, Oct 18: Various Dalit organisations today alleged that large scale irregularities in the recovery of vehicle loans disbursed by Kerala state SC/ST corporation under self employment scheme have driven hundreds of Dalit families to bankruptcy. As the Dalit families were facing threat of auction of their immovable properties, the corporation should suspend its recovery operations till a "comprehensive enquiry" was held into the 'murky affair', leaders of the organisations told a press conference here today. They also sought a vigilance probe and audit by comptroller and auditor general into the scheme. The corporation was conniving with "vested interests" to facilitate auction of vehicles of defaulters and was also taking possession of landed property to recover outstanding amount, M Geethananandan, general secretary of Rashtriya Mahasabha said. The corporation was arranging the auction even without intimating the participating bank which provides part of the loan amount. The scheme has driven most of the beneficiaries to the brink of bankruptcy, he said. About 3,000 families have taken vehicle loans under the scheme, Dalit leaders said.
