Punjab: Congress candidate is a mortgage defaulter, Bank writes to ECI to cease his nomination

The Bank of India (BOI) has written to the Election Commission towards the Congress candidate from Punjab’s Khadoor Sahib seat, Ramanjeet Singh Sikki. The financial institution has said that Sikki has defaulted on his mortgage value Rs 6.35 crores. The financial institution has additionally notified the returning officer of Khadoor Saheb and the SDM of the Tarn Taran district concerning the identical.
The letter by BOI to ECI The BOI has written that Ramanjeet Singh Sikki had availed a mortgage value 6.35 crores from the financial institution. Despite a number of visits by financial institution officers to his residence and subsequent follow-ups, Sikki has not paid again the quantity and the excellent quantity with curiosity was declared NPA by the financial institution in December 2020.
The letter additionally mentions that the financial institution, after failing to get Sikki to pay again the mortgage, had filed a lawsuit towards him in 2021.
The financial institution has written that Congress Party has declared Sikki as their MLA candidate from the Khadoor Sahib constituency. They have requested the Election Commission of India to not permit Sikki to file his nomination for the upcoming state meeting elections.
CEC forwards letter for additional motion, Congress MP’s brother to contest for a similar seat
The CEC has forwarded the letter to the district election officer, the All India Congress Committee, and the Pradesh Congress Committee for additional motion. Tribune India has reported that the SDM has been requested to take applicable motion on the difficulty.
As per studies, Punjab Youth For Change chief Harbans Singh has said that it has turn into widespread in Punjab to avail a financial institution mortgage after which not pay it again. He added that many farmers undergo crop loss and therefore fail to pay again the loans. But Sikki is prosperous, he ought to have paid the mortgage quantity again. Singh added that the ECI ought to think about the request by BOI and cease Sikki’s nomination as a result of it’s going to ship a robust message to mortgage defaulters.
In the most recent improvement, disgruntled Congress MP Jasbir Singh Dimpa’s brother Harpinder Singh aka Ranajn Gill has introduced that he’ll contest the elections for the Khadoor Sahib seat, regardless of the get together naming Ramanjeet Sikki, a two-time MLA.
Though it isn’t but clear whether or not Gill will contest as an impartial candidate, there are some studies that he’s in talks with the BJP. Sikki’s candidature could get rejected if the ECI prevents him from submitting a nomination.