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SyndicateBank manager arrested on charge of fraud

[email protected] (News Network)
June 28, 2012

fraud

Udupi, June 28: The Karkala police arrested a bank manager on Wednesday on the charge of misappropriating Rs. 13.84 lakh.


The arrested is Suresh K P who was working as a Manager at the Bhuvanendra College branch of SyndicateBank.


According to a complaint given by the Deputy General Manager of SyndicateBank Regional Office, R. Subramani, the accused Suresh K.P. as a branch manager at the Bhuvanendra College branch and earlier at Moodubelle branch of the bank, had allegedly misappropriated Rs. 13.84 lakh from October 26, 2010, till recently by opening false accounts and taking money through ATM.


He had allegedly sanctioned loans under fictitious names and the money from these accounts were drawn from the ATM. The amount of Rs. 13.84 lakh was public asset. Mr. Subramani urged the police to initiate legal action against the accused Mr. Suresh. Accordingly, a case was registered at the Karkala Town Police Station.

Further investigations are on.

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Ramanagara, May 15: Flouting all social distancing norms, people gathered in large numbers for a village temple fair in Karnataka's Ramanagara district.

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Bengaluru, Aug 9: karnataka's Health Minister B Sriramulu has tested positive for the novel coronavirus. He has been hospitalised and is being treated for Covid-19. The minister has also asked all of those who came in contact with him recently to take necessary precautions.

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Karnataka’s Health Minister also added, “All those who have been in contact with me recently have been requested to take precautionary measures.”

Earlier this month, Karnataka Chief Minister BS Yediyurappa also tested positive for Covid-19. The state's Leader of Opposition and former CM Siddaramaiah of the Congress also declared that his samples too had returned positive for the infection. Both of the leaders are undergoing treatment for Covid-19 at the privately-owned Manipal hospital in Bengaluru.

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Police said the injured were the driver and an assistant in the truck. They were admitted to a private hospital at Mangaluru.

However, it is not yet clear whether the truck transporting poultry feed from a company at Kandur caught fire after colliding against the electric pole or with the compound wall.

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