EOW Registers Case Against Former Manager Of Rural Bank In Tikamgarh
It was found that the former bank manager conspired with Bundela and some other persons and committed corruption of over Rs 25 lakh at the bank while misusing his post and power.
Tikamgarh (Madhya Pradesh): Economic Offence Wing (EOW) on Saturday registered an FIR against the former manager of a rural bank branch at Mohangarh in Tikamgarh district for fraud, conspiracy and other sections of IPC besides Prevention of Corruption Act.
A case has been registered after former manager Raman Bihari Khare was found involved in anomalies and embezzlement of cash during investigation, an EOW official said.
Officials found that former branch manager Raman Bihari Khare during his tenure from 2015 to 2017 conspired with one Bhagwat Singh Bundela and illegally transferred cash of bank customers in his account.
Moreover, Bundela was provided benefits of government schemes inappropriately, withdrawal of loans more than the approved limit while providing benefits to some other bank account holders.
Deposit of cash from other bank accounts to his and wife’s joint account fraudulently and even distribution of loans to people without completing necessary formalities. It was found that the former bank manager conspired with Bundela and some other persons and committed corruption of over Rs 25 lakh at the bank while misusing his post and power.
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