CBI registers case against PNB official for illegally transferring approx. Rs. 4.98 cr
The case was registered based on a complaint alleging therein that the Head Cashier of PNB, Delhi Road Branch, Hapur
![CBI registers case against PNB official for illegally transferring approx. Rs. 4.98 cr](https://www.psuconnect.in/sdsdsd/CBI_registers_case_against_PNB_official_for_illegally_transferring_money.jpg)
New Delhi: The Central Bureau of Investigation (CBI) has registered a case against one Head Cashier of Punjab National Bank, Delhi Road Branch, Hapur, a private person and unknown persons on allegations of illegal transfer of Rs. 4.98 crore (approx) from the account of a Business Entity maintaining a Cash Credit Account at PNB, LCB Branch, Bhopal, according to CBI official release.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYThe case was registered based on a complaint alleging therein that the Head Cashier of PNB, Delhi Road Branch, Hapur in conspiracy with private persons illegally merged the Cash Credit Account of the Business entity with the firm of the private person and an amount of Rs. 4.98 crore was transferred to various accounts through internet banking causing a corresponding loss to the Punjab National Bank.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsCBI has conducted searches at the premises of the accused at Hapur which led to a recovery of incriminating documents.
Moreover, the Investigation is under process.
Read Also : India assumes the Chair of Asian Disaster Preparedness CentreNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh