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Fraudulent withdrawal of Rs 1.26 cr from JK Bank detected


Fraudulent withdrawal of Rs 1.26 cr from JK Bank detected
Cinosural International An Elementry School Jammu

Jammu, Feb 10: Police have taken cognizance of a major fraud in Pouni Branch of Jammu and Kashmir Bank, in which deposited amount worth more than rupees one crore in dormant accounts was siphoned by an officer of the bank in alleged connivance with then manager.

Both of them have been placed under suspension while Police Station Pouni has registered a FIR under section 409 IPC, has been registered at Police Station Pouni against accused namely Ishwinder Singh, Asst Manager, JK Bank Pouni for making fraudulent debits from various inactive/deceased accounts amounting to the tune of Rs 126.34 lacs.

It added that this practice was allegedly going on for the last three years and an amount of Rs 126.34 lakhs was illegally withdrawn by accused Asst Manager Ishwinder Singh, who is a resident of Pouni.


 


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