In the district of Sirmaur, at the Himachal Pradesh State Cooperative Bank branch in Noharadhar, chaos erupted when a team of senior bank officials arrived for an investigation in the presence of the police. During the investigation, a major fraud was uncovered, revealing an embezzlement of ₹4 crore, with the amount potentially increasing as the investigation continues. The concerned assistant manager has been suspended and transferred to Shimla.
The discovery of the embezzlement case has caused a stir in the entire region. Following the revelation, a large number of people rushed to the bank with their FD receipts. Bank officials reassured the customers that their money was safe, which alleviated their concerns. According to information received, on Tuesday, a team led by the district manager of the State Cooperative Bank, Darshan Pandey, visited the Noharadhar branch to conduct an investigation. It is reported that the assistant manager stationed in Noharadhar embezzled approximately ₹4 crore from people’s bank accounts. The investigation is still ongoing, and the embezzled amount could increase further.
District Manager Darshan Pandey stated that a report of irregularities was received on August 3, and the matter came to full attention on August 8. Following this, an investigation was initiated, and the case was reported to the police. The district manager revealed that one of the bank officials created fake accounts and embezzled approximately ₹4 crore. The investigation is ongoing, and the embezzled amount may increase. He also mentioned that the assistant manager has been suspended and transferred to Shimla.
