MARGAO
Curtorim MLA Reginaldo Lourenco on Saturday demanded from the government the steps initiated by the Goa State Cooperative Bank to allay apprehensions of the depositors till date.
Addressing the media, Reginaldo reminded the bank management that he is part of the Legislature and made it clear that the bank cannot threaten him with a defamation case. "Both the Chairman and the Managing Director should explain the people of Goa the steps initiated by the bank to restore confidence of the depositors", he said. "Please tell the people and the small investors the steps taken by the management to strengthen the bank and the action initiated by the Chairman and Managing Director against the defaulters", he said, while further demanding to know the austerity measures put in by place by the management before offering Voluntary Retirement scheme for the employees.
"When you say that 125 out of 600 employees will be given VRS, which amounts to around 20 per cent of the total employees, you are sending the employees home for no fault of theirs",
Reginaldo said, demanding to know whether the bank management intends to starve them.
Curtorim MLA Reginaldo Lourenco on Saturday demanded from the government the steps initiated by the Goa State Cooperative Bank to allay apprehensions of the depositors till date.
Addressing the media, Reginaldo reminded the bank management that he is part of the Legislature and made it clear that the bank cannot threaten him with a defamation case. "Both the Chairman and the Managing Director should explain the people of Goa the steps initiated by the bank to restore confidence of the depositors", he said. "Please tell the people and the small investors the steps taken by the management to strengthen the bank and the action initiated by the Chairman and Managing Director against the defaulters", he said, while further demanding to know the austerity measures put in by place by the management before offering Voluntary Retirement scheme for the employees.
"When you say that 125 out of 600 employees will be given VRS, which amounts to around 20 per cent of the total employees, you are sending the employees home for no fault of theirs",
Reginaldo said, demanding to know whether the bank management intends to starve them.
