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At least 149 banks officials under CVC scanner for corruption

Out of the total of 49 cases awaiting sanction for prosecution, 23 involve public sector banks.

By: PTI | New Delhi | Updated: June 16, 2016 5:26 pm

As many as 149 employees of various banks have come under the scanner of Central Vigilance Commission (CVC) for their alleged involvement in corruption. Of these, 124 employees, including 13 sweepers, are working with Indian Overseas Bank (IOB).

The Commission has sought permission to prosecute these employees from the authority concerned, according to its
monthly performance report for April. They are among 193 officials facing corruption charges and against whom CVC has sought permission for prosecution, it said.

Out of the total of 49 cases awaiting sanction for prosecution, 23 involve public sector banks. Among banks, a highest of 10 cases are of IOB employees, three of Bank of India, two of State Bank of Patiala, and one case each of Oriental Bank of Commerce, Corporation Bank, Exim Bank, Vijaya Bank, Punjab and Sind Bank, United Bank of India and Bank of Baroda.

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Those found allegedly involved in corruption include sweepers, two part-time sweepers, General Manager and Chief
Manager among others. “There has been increase in cases of corruption involving banks officials. CVC has sought permission to prosecute 96 employees working with various banks. The number has now gone up to 149,” a senior CVC official said.

Sanction is awaited against 193 employees, including 149 working in the banks, for more than four months. As per the norms, the matter of granting sanction for prosecution has to be decided within four months. Not only banks but other government departments are also delaying permission to punish the corrupt officials.

As many as six cases involving at least eight government officers, most of them belonging to the elite Indian Administrative Service, are pending with the Department of Personnel and Training, which acts as the nodal authority for anti-corruption measures. Besides these, three cases involve officers working in the Tailways Ministry, two each in Defence, Home, Health and Steel Ministry, and one each in Central Board of Excise and Customs (CBEC) and Central Board of Direct Taxes (CBDT), among others.

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  1. Mnprabhakaran Karan
    Nov 6, 2017 at 10:19 pm
    Dont report frauds below Rs one lakh to police: CVC New Delhi, Jun 16 (PTI) The Central Vigilance Commission (CVC) has asked public sector banks not to report frauds below Rs one lakh to local police, unless their staff is involved in such crimes.Earlier banks were mandated to report fraud of above Rs 10,000 and below Rs one lakh to police. The decision was taken by the CVC in consultation with the Reserve Bank of India (RBI), taking into the account the practical difficulties faced by public sector banks in reporting such categories of cases. It has been decided that only if staff of the bank is involved in the fraud cases of below Rs one lakh and above Rs 10,000, would such cases need to be reported or complaint filed with local police station by the bank branch concerned, the commission said in a directive to chiefs of all the banks. The cases of frauds of upto Rs one lakh and not below Rs 10,000 are to be scrutinised by banks officials concerned for further necessary action,
    1. H
      Jun 16, 2016 at 12:16 pm
      Corrupt officials should be dealt with severely and without delay. Corruption has become very normal and routine in our life. This atude should be changed in the minds of public servants.