Kolar politicians Pic giving 3 lakh loan to poor going viral

kolar-mlaA picture of MLA & other Politicians in Kolar, Karnataka distributed 3 lakhs per head as a Loan to poor farmers in Rs 500 & Rs 1000 is going viral.

Photos of the Kolar and Chikballapur District Co-Operative Central Bank disbursing cash went viral on the social media.

Some people posted the photos on WhatsApp saying a few politicians gave money to people 3 lakh per head as a loan to convert “the black money into white money.

Bank president Byalahalli Govinda Gowda said the photos were posted to defame the bank and the politicians.