Kasaragod, Jun 29: The police have registered a case against a woman employee of the Kerala Gramin Bank's (KGB) Munnad branch here for allegedly swindling the bank of Rs. 1.61 lakh using ATM cards of three bank customers.
The Bedakam police registered case against bank peon Manjusha Raj, 27, who was suspended from service. It is said that the employee had returned the money to the bank.
Recently, core banking facility was put in place in KGB branches across the State. While the ATM cards of customers of other banks are despatched through post, cards of KGB customers are routed through the bank, manager C. Chindankutty said.
The woman employee managed to withdraw cash from three bank accounts using the password details that reached the bank in sealed envelopes attached to the ATM cards.
The incident came to light after a customer reached the bank to withdraw cash and noticed that his account did not have sufficient balance.
On initial verification, it was found that money had been withdrawn from three accounts even though the customers had not been issued ATM cards from the bank.
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Greed is so destructive, it destroys everything!
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