Categories: Nagpur

CMO considers the value of bounce cases, looking for MADC clarification

Nagpur: The day after the TOI report about checking the development company of Maharashtra Airport (MADC) worth RS3.50 Crore was taken on behalf of Bank Baroda (Bob) Bounce because of “not enough funds”, the office of the Minister of Chief (CMO) has been seeking clarification in this matter, according to His official.
Manner Director (MD) Deepak Kapoor will reply to CMOs with all the details, they said.
However, MD does not reply to repeated TII requests about conversations between him and CMO officials in this matter.
In the morning, Bob officials electronically transferred RS1.75 Crore each through the REAL-TIME (RTGS) gross settlement into the Pramod Korde and Rashmi Mukezwar bidder.
The move came after the Head of MADC Financial Officer (CFO) Sanjay Kangne ​​visited the Nagpur Bob airport extension branch to sort out the problem.
The two bidders confirmed to the Toi that they received the amount after almost three months working hard and asked MADC officials.
MADC, a special purpose company from the Maharashtra government, meanwhile issued a statement through Public Relations officers Deepak Joshi in response to TOI reports, giving money on technical errors.
It is said that the nationalized bank has submitted an apology for errors, but failed to provide a copy of the letter to TOI for verification.
“MADC by clarifying that Bob’s account has enough funds and is also confirmed by bank officials.
Check may have been respected for several technical reasons.
Deputy Chairperson of Kapoor has compiled a serious awareness of this issue.
He has directed the CFO from Mumbai headquarters to immediately rush to the office Nagpur on Wednesday to solve problems with priority and for the satisfaction of all of the concerned, “said the statement.
Bank officers issued a written apology for the inconvenience caused by MADC, Joshi said in the statement.
He did not clarify about the type of error that caused not haunting the check, if there was sufficient funds in the account.
MADC further mentions that Kapoor has directed bank officials to place the right system in place so that such disturbances do not occur in the future and their clients are not intimate.
MADC officials told TII that the CFO held a senior official meeting at night Determine future actions – whether to continue their financial transaction with Bob or shift to a private bank to avoid such a disturbance that brings a big shame for the organization.
According to them, Bob officials only submit an apology letter, but refused to spell details about the type of error and whether it was caused by human error.
Bob’s office did not issue an official statement in this regard to the archiving report.
Development of the day: * MADC CFO comes from Mumbai to find out the causes of technical errors * He met Bob officials, asking them to send the number of bidders through RTGS * Discuss the problem in detail about what leads to bounce * Bob submitting a letter, quoting the technical glitch * His official refused to spell the details of the error whether to continue the transaction with the bank

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