04 July,2019 04:36 PM IST | | PTI
Representation Image
An SBI branch manager and four others have been booked for allegedly swindling crores of rupees from customers' accounts in Uttar Pradesh's Muzaffarnagar district, police said Thursday.
An FIR was lodged in this connection by the bank's regional manager, Mukesh Kumar, on Wednesday, Station House Officer Jitender said, adding the police was investigating the matter.
The accused are Kakrauli Branch Manager Chander Mohan Sharma, Field Officer Rakesh Sharma, Cashiers Virbahadur and Ravinder Dayal, and canteen contractor Manoj Kumar, the SHO said.
The bank suspended four of its officials involved in the case last week, he said. The alleged fraud surfaced after many account holders, most of them farmers, staged a demonstration claiming that money was withdrawn from their accounts using fake vouchers.
ALSO READ
Rate cut unlikely in February, inflation expected to ease in January
India's GDP growth to reach 6.5% in Q2 FY25, with full-year growth nearing 7%
ED files complaint against jewellery firm promoter, his son in bank fraud case
Microsoft 365 Outage: SBI, NSE, BSE, Railways, NIC network unaffected
Panasonic Partners with State Bank of India (SBI) to Provide Financing to Its Solar Customers
The SBI has replaced entire staff members of the branch concerned and formed a team comprising the bank officials to verify the charges.
Catch up on all the latest Crime, National, International and Hatke news here. Also, download the new mid-day Android and iOS apps to get the latest updates
