Canara Bank Manager Booked for Fraud, Customer Claims Rs.2 Crore Not Deposited in Account
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In a serious case of alleged fraud and breach of trust, a customer has accused a Canara Bank manager of failing to deposit over ₹2 crore into his account, despite receiving the money. The complaint led to a formal case being registered at the Kotwali police station against the Branch Manager of Canara Bank’s Belanganj branch, Abhitabh Kumar, and other involved staff.
What Happened in the Case?
The matter came to light after Yogesh Bansal, a resident of Kinari Bazar in the Kotwali area, filed a complaint in court. Yogesh had been operating a cash credit account with Canara Bank’s Belanganj branch since 2019. He claimed he had been regularly repaying the dues on time.
However, starting from April 30, 2023, the bank allegedly began charging excess interest and additional fees without informing him. When he asked for a copy of his loan agreement to verify the charges, the bank staff reportedly refused to provide it.
The Undeposited Payments
Yogesh further claimed that he gave three large payments to the Chief Manager of the bank in the presence of other employees to be deposited in his account:
- ₹80 lakh on November 8, 2024
- ₹62.50 lakh on November 12, 2024
- ₹64.50 lakh on November 13, 2024
Despite handing over these amounts personally, the money was never deposited into his account. When Yogesh protested, he was allegedly threatened by the bank official, who also warned that his property would be auctioned if he continued to complain.
Legal Action Ordered by Court
Feeling cheated and harassed, Yogesh approached the court. The Additional Chief Judicial Magistrate (ACJM-4) reviewed the case and ordered the police to take action. Following the order, the Kotwali police registered a case of fraud, criminal breach of trust, and other relevant charges against the bank manager and others involved.
DISCREPANCIES EXISTS IN REPORTING THIS CASE. HELLO BANKER KINDLY CLARIFY MORE DETAILS IN THE CASE. AS PER THE REPORT CUSTOMER CLAIMS TO HAVE GIVEN THREE LARGE PAYMENTS TO THE CHIEF MANAGER. KINDLY ELABORATE THIS STATEMENT CLEARLY.