Cooperation Minister S.T. Somashekhar has said that the list of people who have defaulted on loans from cooperative banks includes MLAs Laxmi Hebbalkar and Bandeppa Kashampur in addition to former Minister Ramesh Jarkiholi.
Speaking to mediapersons in Belagavi on May 10, Mr. Somashekhar said that he had instructed the District Cooperative Banks and Apex Banks to recover the huge loans obtained by politically influential persons.
“It is not just Ramesh Jarkiholi of BJP, Laxmi Hebbalkar of Congress, Bandeppa Kashampur of JD(S) are yet to repay loans. At least 24 persons having sugar mills have availed loans from cooperative banks. Just like seizing houses of people defaulting on loan of ₹2 lakh, steps have been taken against defaulters of big loans by the Apex Bank. Already, notices have been issued to all, and instructions issued to recover them,” he said.
