Wednesday, December 17, 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

Drugs valued at Rs 31cr seized in Mizoram; 1 held

Drugs valued at Rs 31cr seized in Mizoram; 1 held
Since Saturday, the Assam Rifles and Mizoram Police personnel have seized foreign cigarettes valued at Rs 2.72 crore, drugs valued at Rs 34.18 crore and rescued 140 exotic animals and arrested four persons in this connection. 

Drugs valued at Rs 31cr seized in Mizoram; 1 held

Delhi police nab swindler for duping people of Rs 8 crore

Delhi police nab swindler for duping people of Rs 8 crore
The Economic Offences Wing (EOW) of Delhi Police has arrested a swindler who cheated people to the tune of Rs 8 crore in lieu of making business associates in an 'air cargo company'. The accused has been identified as Balakrishnan Shivram Iyer, a resident of Puri Emerald Apartment, a luxury residential society in Gurugram.

Delhi police nab swindler for duping people of Rs 8 crore

Vaishali Takkar was set to marry US-based techie in December

Vaishali Takkar was set to marry US-based techie in December
Television actress Vaishali Takkar, who died by suicide at her residence in Indore on Sunday, was about to marry a US-based software engineering in December.  She had also made elaborate plans for the wedding shopping and hosting a party after the Diwali. However, Vaishali took the extreme step on Sunday after she was reportedly harassed by her neighbour, who is currently on the loose.

Vaishali Takkar was set to marry US-based techie in December

Was pressured to quit AAP during CBI grilling, claims Sisodia; agency refutes

Was pressured to quit AAP during CBI grilling, claims Sisodia; agency refutes
Addressing the media at his residence on Monday evening after nine hours of interrogation by the CBI at its headquarters here in connection with the case, Sisodia said, "During questioning, I understood that this is not a case about excise policy or corruption. The case is only aimed at making 'Operation Lotus' a success in Delhi." 

Was pressured to quit AAP during CBI grilling, claims Sisodia; agency refutes

Lakhimpur Kheri case: SC grants UP 2 weeks for response on Ashish Mishra's bail plea

Lakhimpur Kheri case: SC grants UP 2 weeks for response on Ashish Mishra's bail plea
A bench of Justices B.R. Gavai and B.V. Nagarathna said it will hear the matter on November 7.  Senior advocate Mukul Rohatgi, representing Mishra, submitted that notice was already issued in the matter. 

Lakhimpur Kheri case: SC grants UP 2 weeks for response on Ashish Mishra's bail plea

Highly infectious new Omicron sub variant BF.7 detected in India

Highly infectious new Omicron sub variant BF.7 detected in India
According to some reports, the first case of BF.7 has been detected by the Gujarat Biotechnology Research centre. This new Omicron variant is also considered to be highly infectious and has a greater transmissibility. Omicron sub-variants -- BA.5.1.7 and BF.7 -- after emerging from a region of Mongolia in China are now making their way to other parts and posing fresh threats.

Highly infectious new Omicron sub variant BF.7 detected in India