As per government directions, all money of Nashik Municipal Corporation (NMC) will now be kept in a nationalised bank. Standing committee had taken a decision to open an account in Yes Bank and this had happened between 2015 to 2018. Rs 311.64 crore of NMC has stuck in Yes bank. There will be no effect on development works or bill payment due to this, he informed on Thursday.
On the backdrop of the revelation of various information about NMC money in Yes bank, the Municipal Commissioner said, “Not a single bank account was opened since he takes charge. The account was opened in Yes bank in the period between 2015 to 2018.
Accounts department took permission of standing committee for this. Accordingly, the department has opened the account in the bank to deposit various taxes.”