Sunday, December 21, 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

HC directs Delhi Police chief to look into CM house vandalism case

HC directs Delhi Police chief to look into CM house vandalism case
A division bench of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla noted that the interim status report filed by the Delhi Police shows that the police force failed to prevent miscreants from reaching the residence of the Chief Minister and vandalising the area.

HC directs Delhi Police chief to look into CM house vandalism case

In record, Punjab makes payments of Rs 13K cr for wheat procurement

In record, Punjab makes payments of Rs 13K cr for wheat procurement
In a record, the Punjab Government said it cleared payments of Rs 13,000 crore of farmers for procurement of wheat till Monday, state Food and Civil Supplies Minister Lal Chand Kataruchak said. He said this was the highest payment in the past decade.

In record, Punjab makes payments of Rs 13K cr for wheat procurement

J&K: Two non-local labrouers shot at by terrorists

J&K: Two non-local labrouers shot at by terrorists
The victims, both from West Bengal, were rushed to the SMHS hospital in Srinagar, where the condition of one is stated to be critical while the other is stable.

J&K: Two non-local labrouers shot at by terrorists

ED attaches assets worth Rs 5.54cr in money laundering case

ED attaches assets worth Rs 5.54cr in money laundering case
A case in this connection was registered against Ranjit Gogoi, the then Director of Information and Public Relation, Assam, and different private companies, for alleged misappropriation of the state government's money. The ED had initiated a money laundering investigation on the basis of CM's Vigilance Cell FIR lodged in 2017 against the accused.

ED attaches assets worth Rs 5.54cr in money laundering case

An auspicious moment in friendship with India: UK PM

An auspicious moment in friendship with India: UK PM
The UK Prime Minister was given a ceremonial reception and a Guard of Honour at Rashtrapati Bhawan where he was received by Prime Minister Narendra Modi. Talking to the media after the ceremonial welcome, Johnson said that relations with India were never so strong.

An auspicious moment in friendship with India: UK PM

Delhi restores fine for not wearing mask at public places

Delhi restores fine for not wearing mask at public places
In a notification issued this evening, the Health Department said: "A fine of Rs 500 for not wearing of face mask and cover in all public places in Delhi will be imposed from immediate effect till further orders in compliance of notification dated February 26, 2022."

Delhi restores fine for not wearing mask at public places