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Where Did the Money Go? The Invisible Trail Behind Baghat Bank’s Collapse
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Where Did the Money Go? The Invisible Trail Behind Baghat Bank’s Collapse
TNR Special Series – Part 4Sourabh SoodShimla As the Baghat Urban Cooperative Bank crisis unfolds, one question rises above all others, where did the money actually go? The bank lent crores of rupees to a small circle of borrowers, but when investigators looked into how these funds were used, they found almost nothing on the ground. Projects remain incomplete, machines are missing, properties are locked in disputes and businesses that took large…
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