Latest News

Three employees of J&K Bank booked in Rs 2.37 crore fraud case


➡️ Click here to join our Whatsapp Group

Three employees of Jammu and Kashmir (J&K) Bank have been booked for bungling over Rs 2.37 crore from the branch located in Shashtri Market. The incident came to light when the branch manager conducted a surprise cash check and discovered the missing money. The branch manager immediately reported the incident to the higher bank authorities at the zonal office in Kathua and the cluster head office in Mohali. Following a complaint by Iftikhar Abdula Sofi, the cluster head of J&K Bank in Mohali, the Kotwali police booked three bank employees, including Sunil Khajuria (cash manager), Rakesh Kumar Bakshi, and Amit Gupta (both assistant cashiers) of the bank.

According to Sofi’s statement to the police, on February 17, the branch head manager, Subhash Chander, conducted a surprise cash check in the strong room and found Rs 2.04 crore missing. He immediately informed the zonal office in Kathua and the cluster head in Mohali in writing. Sofi and his team then counted the cash again and found Rs 2.37 crore missing instead of Rs 2.04 crore. During the investigation, it was discovered that Rakesh Kumar Bakshi and Amit Gupta admitted in writing that they had bungled the amount and returned some of it on different dates. The bank authorities decided to lodge a complaint, and the police booked Sunil Khajuria, Bakshi, and Gupta in the case. Further investigation is in progress.

No arrests have been made so far, and a case has been registered against the three suspects under Sections 420 (Cheating), 406 (Criminal breach of trust), and 34 (Common intention) of the Indian Penal Code.

Leave a Reply

Your email address will not be published. Required fields are marked *