Farmer commits suicide over cash deadlock; old man collapses to death in bank queue

Tuesday, Nov 22, 2016,11:48 IST By metrovaartha A A A

Kerala | Two old-aged men in Kerala have lost their lives Monday unable to withstand the stress of hardships faced due to the demonetization.

A septuagenarian 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.

The second incident occurred in Kollam district. BSNL retired official Chandrashekharan (68) collapsed while waiting in a long queue in Nallila branch of SBT. He was taken to the hospital, where he was declared dead, police say