Belagavi District Minister Satish Jarkiholi announced that the Crime Investigation Department (CID) will probe fraud cases involving microfinance companies that have allegedly victimized thousands of women across Belagavi district. Speaking at the district stadium after hoisting the tricolor on the 76th Republic Day, the minister stated, “Given that the fraud amounts to hundreds of crores, a CID investigation is necessary.”
Jarkiholi noted widespread complaints of harassment by microfinance providers in areas like Gokak, Hukkeri, Yamakanmardi, Belagavi, and Savadatti taluks. He urged victims to file complaints with the police, assuring that action would follow. Highlighting the Chief Minister’s efforts, he mentioned the implementation of laws to regulate microfinance companies, expressing hope that harassment of women and the elderly would cease. A local police investigation is already underway, but Jarkiholi emphasized that a CID inquiry would be more effective.
Chief Minister Siddaramaiah Assures Immediate Action
Meanwhile, Karnataka Chief Minister Siddaramaiah announced that helplines have been established in deputy commissioners’ offices for complaints about harassment by microfinance companies. Speaking after a high-level meeting with top ministers and officials, Siddaramaiah assured swift action on complaints.
Echoing these efforts, Jarkiholi confirmed preliminary police investigations into harassment complaints in Gokak, Belagavi, Hukkeri, Savadatti, Bailhongal, and other areas. “A meeting to review the matter will be held this week,” he added.
