New Delhi: CBI has registered a case and
started investigations in a case related to misappropriation
of funds worth over Rs one crore by two former employees of a
nationalised bank in Hyderabad.
The case was registered against cashier K Harikumar and
manager K Ramesh Kumar of Andhra Bank, Gajularamaram Branch,
HAL Colony, Shapurngar, Hyderabad and other unknown public
servants and private persons under different sections of the
IPC and the Prevention of Corruption Act.
The allegations are that accused Harikumar while working
as cashier in the bank had committed misappropriation of Rs
57,61,000 and on further enquiry by the bank it was found that
other than the above amount, another Rs 60,00,000 was issued
as pay orders.
"These were not accounted for in the bank books. Many
other irregularities have also come to light," a CBI
spokesperson said here today.
Prior to registration of a case by the CBI on the
allegations, another case was registered on November 11, 2009
by the Jeedimetla police authorities.
During the investigation, Jeedimetla police arrested the
manager of the bank for conspiracy in the offence. In this
case, the fraud amount was above Rs one crore.
Accordingly, the government of Andhra Pradesh transferred
the case to CBI for investigation, the spokesperson said
adding that further investigation is continuing.
PTI
First Published: Tuesday, February 16, 2010, 18:35