Rs 44L fraud: CBI names ex-banker

Rs 44L fraud: CBI names ex-banker
Nagpur: The Central Bureau of Investigation (CBI) has registered a case against A Kumar, the then general manager of a nationalised bank in Itwari branch, for allegedly misusing his official position during his tenure in an around 44 lakh fraud, reports Soumitra Bose. According to the complaint, Kumar extended undue benefits worth around 44 lakh to 10 firms without any applications or approvals from senior officials. Kumar later diverted the amount to his personal account and invested it in the share market, a bank probe later revealed.

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