1. Demonetisation: 73-yr-old commits suicide anxious over fate of money in bank

Demonetisation: 73-yr-old commits suicide anxious over fate of money in bank

A septuagenarian today allegedly committed suicide anxious over the fate of his hard earned money in a service cooperative bank near Erumely in the district.

By: | Kottayam | Published: November 22, 2016 1:03 AM
 People queue outside the State Bank of India and Jammu & Kashmir Bank to deposit and exchange 500 and 1000 currency notes. (PTI) People queue outside the State Bank of India and Jammu & Kashmir Bank to deposit and exchange 500 and 1000 currency notes. (PTI)

A septuagenarian today allegedly committed suicide anxious over the fate of his hard earned money in a service cooperative bank near Erumely in the district.

Police said Pambavali Theruvanparambil Omanakkuttan Pillai (73) was found hanging in his house this afternoon.

They said Pillai had Rs five lakh in the Kanamala Service Cooperative Bank. He was allegedly distressed after wide propaganda in the area that the money deposited in cooperative banks was not safe in the wake of the government’s demonetisation drive.

This was reportedly the reason why he took the extreme step, police said.

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