PMC Bank Scam: 73-Year-Old Woman Dies Under Stress

Bharti Sadarangani’s daughter, had around Rs 2.25 crore savings in the Punjab and Maharashtra Co-Operative (PMC) bank. Her daughter's entire savings are stuck since the Reserve Bank of India (RBI) imposed banking restrictions on PMC for a month now. Unable to handle the stress, 73-year-old Bharti died due to a heart attack in Maharashtra's Solapur. The PMC Bank scam is getting out of hand since the crisis has now claimed its fifth victim.

Bharti died of a sudden heart attack on Monday afternoon, was reportedly under tremendous stress because her daughter's savings are stuck in the PMC bank. The reports also claim that Bharti had no history of heart ailments in the family. It is also learnt that over the last few days she had been stressed about her family's massive deposits in the bank that is under scrutiny for corruption. Her daughter and son-in-law reportedly have deposited worth Rs 2.5 crore in the bank.

Key Takeaways:

• Since a month the Reserve Bank of India (RBI) imposed banking restrictions on the Punjab and Maharashtra Co-Operative (PMC) Bank, following which Bharti Sadarangani, 73, died after a sudden heart attack on Monday afternoon.
• Bharti had no history of heart ailments, and family members say over the last few days she had been stressed about her family's massive deposits in the bank that is under scrutiny for corruption.
• Reportedly, Bharti's daughter has deposited worth Rs 2.5 crore in the bank. Unable to handle the stress, Bharti died due to a heart attack in Maharashtra's Solapur. 

Speaking to India Today, Bharti's son-in-law Chandan said, “For the last two months she would call us every day and check about the status. We kept telling her that money is safe and we will get back the money. But she was in a lot of stress. My wife kept assuring her on the phone. But suddenly she collapsed due to a heath attack and died. I am right now in Solapur for her last rites. She was absolutely fine before this.”

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Chandan's family runs an import business. The money they earned from the business was deposited in the bank. Chandan added, “I stay in Mulund in Mumbai. The bank is situated just opposite to my home and it was very easy for me to access it. The service was also good and suddenly this happens.”

RBI has restricted business of PMC Bank for six months following reports of corruption. The capped withdrawals at Rs 40,000 per month after several revisions. Following which 15 lakh customers have been affected. One of the victims is 83-year-old Murlidhar Dharra from Mulund. “The biggest frustration is that no one from the government is even talking to us or responding to our queries. No one is concerned that now five people have lost their lives, troubled that they may lose their entire family savings,” said Prem Dhara, son of the deceased Murlidhar Dharra.

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The other victims of the scam are Sanjay Gulati, 51, from Jogeshwari, and Fattomal Punjabi, 59, unfortunately all suffered heart attacks because they all were stressed for the significant deposits in the PMC Bank.

Feature Image Credit: News State

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