SC Agrees to Urgent Hearing on PIL in PMC Bank Scam on 18 October

“Innocent depositors are being harassed and the government is doing nothing,” says petitioner Bijoy Mishra.

Bijon Misra had filed a petition in the Supreme Court in connection with the PMC bank scam. 

(Photo: The Quint)

The Supreme Court has agreed to an urgent hearing of a PIL in the PMC Bank scam which seeks full protection of over 15 lakh victims and 100 percent insurance cover for Punjab and Maharashtra Bank (PMC) depositors. The hearing is scheduled on 18 October.

Speaking to The Quint, petitioner Bijon Mishra blamed the government for not taking any steps to avert the crisis.

“There are people who plunder our money, get away with that money, foster undue enrichment and go scot-free. Poor and innocent depositors are harassed, some of them kill themselves as it is a matter of their livelihood and the government does nothing – just like Sanjay Gulati who passed away; he had 90 lakh of his hard earned money in the bank.”

Bijon Misra, Petitioner

He further added that laws of the country must be changed – a reason why he reached out to the top court.

The Quint accessed a copy of the PIL filed by Bijon Misra. The PIL seeks an increase in the insurance money, more regulated control over multi-state cooperative banks and investigation into misappropriation of public funds.

The petition comes in the wake of the death of three depositors of PMC bank. Sanjay Gulati and Fattomal Punjabi suffered a heart attack, while 39-year-old Dr Nivedita Bijlani took her own life.