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Fake applicant gets TSMFC loan
A businessman who took Rs 1 lakh loan from State Minority Finance Corporation (SMFC) at the cost of another applicant is likely to be booked on charges of cheating. The issue came to light after the genuine applicant tries to find out the reason for repeated rejection of his loan application by the corporation.
It is believed that there might be several of such cases and there is an immediate need for a thorough enquiry into the activities of corporation
Hyderabad: A businessman who took Rs 1 lakh loan from State Minority Finance Corporation (SMFC) at the cost of another applicant is likely to be booked on charges of cheating. The issue came to light after the genuine applicant tries to find out the reason for repeated rejection of his loan application by the corporation.
The victim, Sheik Imtiaz, a resident of Saroornagar, had applied for a loan under the State government’s bank-linked subsidy scheme for minorities in 2014-15. He was denied the loan application acknowledgement by the TSMFC, despite repeated attempts to convince officials about his application.
He made another attempt this year after the State government extended the last date of application to February 29. He was surprised to know that even, this time, his application was rejected. Upon enquiry, he found that his application was cancelled, as he was a beneficiary in 2014-15 and had received Rs 1 lakh loan from Andhra Bank, under the scheme.
When Imtiaz came across the details, he was shocked to find out that another beneficiary had availed the loan using his Aadhaar card number 701251520783. As per the details, Syed Ghouse Pasha, a resident of Musheerabad (ration card number WAP167663880568) used the Aadhaar number of Imtiaz.
However, officials refused answers on how Imtiaz's Aadhaar card was used to avail the loan. Interestingly, the loan was sanctioned to Pasha within two days of his application. It is believed that there might be several of such cases and there is an immediate need for a thorough enquiry into the activities of the corporation to find out what exactly transpiring in the corporation.
However, the officials of TSMFC blamed the Mee-Seva centre, where the Aadhaar card of Imtiaz was processed and advised him to recall the Mee-Seva centre that he had used to get his card. After unrelenting efforts by Imtiaz, the officials have agreed to lodge a formal complaint with the police against Syed Ghouse Pasha at Abids police station.
“We will lodge a complaint and initiate action to recover the loan amount. This is the only instance that has come to our notice. We will also verify if there are any other cases,” said B Shafiullah, TSMFC Managing Director.
