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Sunday, February 5, 2023

Nw : Over Rs 12 crore swindled from Kozhikode Corporation accounts in PNB

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Over Rs 12 crore were swindled from several accounts of the Kozhikode Corporation in a Punjab National Bank here and the high accused — a conventional senior manager of the bank — remains to be at substantial.The fraud came to light closing month when the Corporation discovered big sums of money lacking from its assorted accounts in the PNB branch, an officer of Crime Branch wing of the police said.An FIR became straight away lodged and in stumble on of the quantity interested, of Rs 12.68 crore, the probe became transferred to the Crime Branch, the officer said.On the origin, the Corporation believed that the swindled amount became over Rs 15 crore, nonetheless therefore, its audits printed that Rs 12.68 crore became lacking from its accounts in the bank.Moreover the Corporation, around Rs 18 lakh became moreover stolen, allegedly by the conventional bank manager, from the memoir of a non-public individual, the officer said.He said that their investigation has printed that many of the money — around Rs 10 crore — became invested in the stock market by the accused and the an identical became misplaced.Of the closing, the accused spent some amounts on on-line rummy games.The accused, who’s silent absconding, has moreover moved an anticipatory bail plea, he added.

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