Trader accused of loan fraud by his employees, relatives
The Hindu
Employees and relatives of a puffed rice trader near Shevapet petitioned the District Collector here on Monday alleging that the trader took huge loans in their names from a nationalised bank without
Employees and relatives of a puffed rice trader near Shevapet petitioned the District Collector here on Monday alleging that the trader took huge loans in their names from a nationalised bank without their knowledge.
The petitioners complained that the trader, R. Babu, colluded with a staff at the nationalised bank and took loans in the names of 12 persons and failed to repay.
Due to non-payment of dues, they were facing legal action from the bank.
We all remember the childhood history classes on human evolution, which taught us how where men started hunting their food and learned to cook on fire create a fire that paved the way for our culinary adventures across centuries. Humans have evolved since then, wood fires have been replaced by ovens and gas stoves whereas open-fire cooking has only been a part of our backyard activity that gets a pick occasionally during special occasions.