Passing through a longish wait, the election results of AP Mahesh Cooperative Urban Bank were finally given the green signal by the court to be announced on Friday. Ramesh Kumar Bung, a well-known face in the cooperative circles was declared elected unopposed as the Chairman of the UCB on Sunday.
Talking to Indian Cooperative soon after the results Bung said, “Last Friday court has asked RO to announce the result. After the announcement we won the 10 seats out of 15 seats and the other five seats were won by our rival’s panel.”
“For the third term I am elected as the Chairman of the Bank. Earlier I was the Chairman for two terms i.e. 2005-2010 and 2010-2015″, Bung added proudly.