Daijiworld Media Network – Udupi
Udupi, Aug 31: A fraud case has been registered at Malpe police station against the manager of the State Bank of India (SBI) Malpe branch, along with several account holders and others, for allegedly creating fake documents and misappropriating bank funds amounting to several lacs of rupees.
According to an email received from a housing finance company, between August 11 and 22, a total of Rs 73,00,000 was transferred from the SBI Malpe branch to the accounts of customers identified as Samuda Suvarna (Nantoor), Sharmila S (Muloor), Sushanth Thingalaya (Kodi), M Ramanath (Bondel, Mangaluru), and Sadananda G Rao (Kunjal).
SBI Malpe branch (file photo)
On August 25, SBI Mumbai branch sought clarification from Malpe branch manager Rajesh Ganapathi regarding these transfers. The following day, August 26, the manager submitted all related documents to the Mumbai branch. However, on the same day, the finance company clarified through email that it had not sent any request to the Malpe branch for such transactions.
Upon verification, it was alleged that then-branch manager Meera Pallavi T H, along with the aforementioned account holders and others, had fabricated documents and misused bank funds. The group is accused of siphoning Rs 73,00,000 for personal use, thereby committing breach of trust and fraud against the bank.