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Ex-Branch Manager Cooperative Bank Arrested for Misappropriation Of Rs 3Cr Public Money


Cinosural International An Elementry School Jammu

Jammu, Jan 12: Former Branch Manager Mendhar, Jammu Central Corporative Bank, has been arrested by police for alleged misappropriation of public money to the tune of approximately Rs 3 crores after a complaint against him by one person that money deposited by him with the bank has not been deposited in his account.

In-charge Bank manager said that approximately Rs 3 crores have been misappropriated.

Thereafter, SHO Mendhar said that case under section 420 and 109 IPC at Police Station Mendhar & former chairman Abdul Karim, who retired on December 31 last, has been arrested and further investigations are going on.

Many other employees of the bank including those who have retired or are in service are on the police radar.

 


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