A legal case has been lodged against the Punjab National Bank’s Station Road branch manager and another person, following a judicial directive. The manager stands accused of illicitly transferring ₹1.45 lakh from a client’s account to a different one. Pursuant to the case registration, the Kotwali police have initiated an inquiry.
Krishna Chandra Pandey, a resident of Rampura village in the Kotwali area, reported that he supports his family through agricultural pursuits. His father, Shyam Bihari, had secured a loan of ₹1.50 lakh from the Punjab National Bank’s Station Road branch on November 12, 2010, by mortgaging a portion of their land. They had repaid ₹2.70 lakh to the bank by December 28, 2018. Shyam Bihari’s account remained active in the bank.
Subsequent to Shyam Bihari’s demise, ₹1.45 lakh was deposited into his account on November 15, 2019. However, this amount was not credited to the KCC account. Instead, bank manager Rakesh Kumar illicitly transferred the funds to the account of Umashankar, a resident of Bhatani Dannahar village. They even fabricated documents to execute this transfer. When Krishna Chandra Pandey discovered the anomaly and requested the manager to deposit the money into his account, his plea was disregarded. No action was taken on his written complaint either.
Consequently, on March 1, 2021, the bank manager issued a notice to him, claiming an outstanding amount of ₹2 lakh and threatening recovery through auction. When he approached the Kotwali police station with his complaint, no report was filed. Following a court order, a case was registered against the bank manager and another individual on Saturday, and the police have commenced their investigation.
