A 69-year-old retired employee of Bank of India has been accused of illegally transferring Rs 86.75 lakh into his son’s bank account. The alleged transfers took place between the years 2014 and 2016, but the bank filed a complaint almost ten years later.
The man, Deepak Shriram Kaley, was working as an officer in the Transaction Banking Department at the bank’s head office in Bandra Kurla Complex (BKC), Mumbai, during that time. He is accused of transferring the money from an account used for ECS (Electronic Clearing Service) collections into another account named M/s Solutech, which belonged to his son. These transfers were allegedly done without getting approval from senior bank officials.
According to public prosecutor Ramesh Siroya, Kaley carried out these transactions using his personal login ID and password, which only authorized employees are supposed to use.
Kaley’s lawyer claimed that the criminal charge of “breach of trust” does not apply in this situation. However, the police officer investigating the case insisted that Kaley misused his position to divert a large amount of public money.
After hearing both sides, the court said that the accusations are very serious and therefore Kaley should be properly questioned in police custody to uncover more details.
