2 bank employees siphon off Rs 25 lac from account of deceased customer


Daijiworld Media Network - Tiruchirappalli (SHP)

Tiruchirappalli, Nov 16: On Saturday, two employees of Indian Overseas Bank (IOB), were arrested for allegedly siphoning off money over Rs 25.8 lac from the account of a deceased customer.

Police officials registered a case against the IOB manager, Sheikh Mohideen and the assistant manager Chinnadurai in Vayalur here, based on a complaint from its zonal manager.

As per the officials, the accused removed the amount by forgery. The manager and the assistant manager found out that no one had come forward to claim the money deposited in the account of Emisola, after she died a few years ago. The duo then renewed the account by forging her signature and created an ATM card to withdraw the money.

During the audit, discrepancy toward Emisola's account was observed. It was found that money was not deposited in the account for the past few years, while the ATM card had been used to withdraw the money.

Further inquiry revealed that Emisola died a few years ago, and Mohideen and Chinnadurai renewed her account, created an ATM card and withdrew her savings.

Police registered cases against them for conspiracy, forging documents and fraud.

  

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Comment on this article

  • mohan, Mangalore

    Sat, Nov 16 2019

    This is what Modi matra ...sabka sath sabka vikas... goberment is also looting and otherside gobermemt employees also looting public...mgood news to nation..

    DisAgree [3] Agree [4] Reply Report Abuse

  • abdul munim, mangaluru

    Sat, Nov 16 2019

    This is the biggest scare in the banking industry. Fence eating the crop.
    The present generation bank employees are not as dedicated as the earlier lot. they track the wealthy customers and if they are frail and old, pass on the details to fraudsters for good amount and enjoy the booty.
    These buggers must be hanged straightaway.

    DisAgree Agree [6] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, Nov 16 2019

    Hang these B ...

    DisAgree [2] Agree [2] Reply Report Abuse

  • Navin Shetty, Manipal/ Bahrain

    Sat, Nov 16 2019

    When it comes to "anti-social" activities, 'drug peddling", "fraud" - Hum saath saath hain...

    DisAgree [1] Agree [9] Reply Report Abuse


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