Punjab: Bank manager, head cashier held for fraud

Munish Bharti, the bank manager, and Gaurav Kumar, the head cashier, have been booked under section 420 of the IPC on the complaint of one Parveen Kumar.

Written by Raakhi Jagga | Ludhiana | Updated: December 2, 2016 12:46 pm

BANK MANAGER and head cashier of Oriental Bank of Commerce (OBC) of Rampura Phul branch in Bathinda district have been arrested on charges of fraud after a complaint that they were exchanging demonetised Rs 500 and 1000 notes illegally after banking hours for a commission.

Munish Bharti, the bank manager, and Gaurav Kumar, the head cashier, have been booked under section 420 of the IPC on the complaint of one Parveen Kumar.

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Rampura Phul DSP Gurjeet Singh Romana said, “Both were exchanging demonetised Rs 500 and 1000 notes illegally after the banking hours and were giving Rs 80,000 in new currency notes for Rs 1 lakh in old notes while keeping the cut with themselves.”

“As of now, we just have one complaint. We are probing if they had exchanged more money. Both will be produced in court on Friday,” the police officer said.

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  1. S
    SurajParkash
    Dec 5, 2016 at 4:37 am
    The conversions of black money into white is widely being indulged into bank authorities, managers, cashiers by maniting bank accounts, such cases found at Noida, State Bank of Mysore's manager Lokeshwar Rao, the bank's cashier Elangovan, Axis Bank's Nanganallur istant manager Mukesh, at Kashmere Gate, Chennai and manyother places, another Cashier of State Bankof Patiala at Saha, in Ambala is regularly engaged indealing with fake currencies, and coins, and even complaints in writing to the authorities, the case isclosed without providing statement of the accused. Now a days, this man is most busy person, changing old currency notes into fresh denominations, and there is no one to check him, and is probably holding huge cash at his residence, as also his close relatives near around. Apart from this crimes in fake currencies, he is heavy bribe givers, because all complaints against him are mischievously and simply closed without any rejoinder from complainant, and even against RTI applications, his statement as corrupt are withheld claiming as a personal matter, all due to the exchange of huge bribes with his seniors. It is urgently required in the interest of justice to take up this grave issue as also against his seniors who handled these complaintslt;br/gt;lt;br/gt;Suraj Parkash Tuteja
    Reply
    1. J
      Jai
      Dec 2, 2016 at 2:35 am
      send more of these jokers to jail
      Reply