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Cooperative Bank Serves Tauqeer Raza Recovery Notice Over 1990 Farm Loan

The cooperative bank gave the jailed cleric 15 days to clear roughly ₹28,000 or face recovery as arrears of land revenue.

Overview

  • Bank representatives pasted the notice at Raza’s Bareilly residence and dispatched copies to him in Fatehgarh Jail and to the Kanpur Range DIG.
  • Officials say the short-term crop loan of about ₹5,055–₹5,560 was taken in 1990 through a PACS unit and was recorded as unpaid in a 1997 audit that classified the account as an NPA.
  • The demand now totals about ₹28,350 with accumulated interest, and the bank has indicated it may levy additional penalty interest.
  • Failure to pay within 15 days will trigger proceedings under land revenue laws, including potential attachment of properties located in Bareilly or elsewhere in his name.
  • The financial action follows Raza’s arrest over the September 26 Bareilly clashes, with police booking him in multiple FIRs as authorities widen legal and administrative reviews.