
Police in Sonipat, Haryana, have filed a case against two senior officials of Kotak Mahindra Bank for allegedly failing to transfer government funds amounting to crores of rupees to another bank. The complaint was filed by the Tehsildar of Sonipat at the Civil Lines police station, and an investigation is underway.
The branch of Kotak Mahindra Bank involved is located on Atlas Road in Sonipat. An account in the name of Shambhu Dayal Modern School and the Tehsildar and SDM holds a total of Rs 14,04,57,764. Both the SDM and Tehsildar have the authority to handle transactions from this account.
The issue began when the Tehsildar office issued written instructions on December 23 and December 30, 2024, requesting the transfer of the Rs 14 crore government funds to an account at Canara Bank. Despite repeated verbal and phone reminders, the bank officials failed to act on these instructions.
As a result, the Tehsildar filed a complaint with the Civil Lines police station, accusing the Kotak Mahindra Bank officials of neglecting their duty to transfer the funds. On Thursday, the police registered a case against the bank’s branch manager, Sachin Mudgil, and Assistant Regional Manager (ARM) Lalit, under Sections 316(2) and 318(4) for disobeying administrative orders and unlawfully retaining government funds.
Ravi Kumar, the investigating officer at Civil Lines police station, confirmed that the complaint, filed as case number 70/TRA on January 22, 2025, has been taken up for investigation. The police are actively looking into the matter.