Tuesday, December 23, 2025
ADVT 
India

One person alone cannot do this, there are others involved in scam: Suspended PNB official

Darpan News Desk IANS, 05 Dec, 2022 11:34 AM
  • One person alone cannot do this, there are others involved in scam: Suspended PNB official

Thiruvananthapuram, Dec 5 (IANS) A suspended Punjab National Bank (PNB) official, presently on the run after a multi-crore fraud surfaced, in his anticipatory bail plea filed before a lower court in Kozhikode on Monday said one person alone cannot do this and a comprehensive probe should be launched.

The fraud has been detected at the Railway Station Link Road branch of PNB.

The scam surfaced on November 29 when the Kozhikode Corporation which has multiple accounts with the PNB realised that crores of rupees have been swindled from its accounts. It became apparent when M.P. Rijin, a top PNB bank official at Kozhikode, went on the run and has not been traced till now.

After a preliminary probe by the Crime Branch, the prosecution informed the court that around Rs 21 crores is missing, of which the Corporation alone has lost around Rs 10 crores.

The court was hearing Rijin's anticipatory bail plea and in his affidavit it was alleged that there is a big conspiracy behind this swindle.

He pointed out that all this just cannot be done by one person and the involvement of officials from the PNB and the Corporation should also be looked into.

He said that just one person alone cannot withdraw money as there is a three layer checking process in the bank.

The court posted the next hearing on the bail plea for Thursday.

The Corporation is ruled by the CPI-M and the party secretary P. Mohanan said things are going from bad to worse and every last rupee of the Corporation which has been swindled has to be given back. If it is not done they will launch a massive protest and if need be, they will not allow the PNB to function.

MORE India ARTICLES

Indian nationals asked to leave Ukraine temporarily

Indian nationals asked to leave Ukraine temporarily
 In a latest advisory issued on Tuesday, the Embassy of India in Kiev has asked Indian nationals in Ukraine, particularly students whose stay is not essential, to consider leaving the country temporarily in the wake of the current situation.

Indian nationals asked to leave Ukraine temporarily

Lakhimpur Kheri case: Accused Ashish Mishra walks free after four months

Lakhimpur Kheri case: Accused Ashish Mishra walks free after four months
Ashish Mishra had moved the Lucknow bench of the High Court seeking insertion of sections 302 (murder) and 120 B (criminal conspiracy) of IPC that were 'inadvertently' not mentioned in the high court order as the jail authorities would not release him due to the omission.

Lakhimpur Kheri case: Accused Ashish Mishra walks free after four months

305 kg ganja valued at Rs 2 cr seized in Delhi, one held

305 kg ganja valued at Rs 2 cr seized in Delhi, one held
An interstate ganja supplier was arrested and 305 kg of the contraband valued at Rs 2 crore in the international market was recovered from his possession in the national capital, an official said here on Tuesday. The accused was identified as Shyam Sundar, 29, a resident of Firozabad district in Uttar Pradesh.

305 kg ganja valued at Rs 2 cr seized in Delhi, one held

SAD-BSP alliance promises solar energy in poll manifesto

SAD-BSP alliance promises solar energy in poll manifesto
The alliance promised Rs 10 lakh free annual health insurance for all Punjabis, Rs 2,000 per month to all women heads of 'blue card' families, 5 lakh houses and five marla plots each to homeless poor and hiking old-age pension to Rs 3,100 and shagun scheme of Rs 75,000.

SAD-BSP alliance promises solar energy in poll manifesto

Cong is losing in Punjab, says Ashwani Kumar after quitting party

Cong is losing in Punjab, says Ashwani Kumar after quitting party
In an interview to IANS, Ashwani Kumar, who was perceived as a loyalist of the Gandhi family and had supported against the 'G23' , said it was getting difficult to continue in the party. He also said he is open to join any other party.

Cong is losing in Punjab, says Ashwani Kumar after quitting party

NDA will form govt in Punjab, free it from drugs: Modi

NDA will form govt in Punjab, free it from drugs: Modi
Promising to work on the teachings of Sikh gurus with principles of non-discrimination and equality for all, Prime Minister Narendra Modi said on Monday that the NDA would form the government in Punjab and would free the state from drugs.

NDA will form govt in Punjab, free it from drugs: Modi