Hyderabad: Bank officials took Rs 6 lakh in Rs 2,000 notes without submitting proof

Hyderabad: The Saroornagar police booked a case of cheating and criminal breach of trust against two bank officials who took Rs 6 lakh in new Rs 2,000 notes without submitting proof and in violation of RBI guidelines.

The bank has suspended the two officials. The two accused, bank clerk V. Mallesh and cashier Radhika of the Kamalanagar branch of the Syndicate Bank have been booked.

Saroornagar inspector S. Lingaiah said, “V. Mallesh took Rs 6 lakh worth of new currency from Ms Radhika without any valid ID proof. The head of the department suspended both and filed a criminal complaint with us.”

The inspector said Mallesh had returned Rs 5.6 lakh and said that the remaining had been spent. “He is claiming that the demonetised notes of Rs 500 and Rs 1000 were his but we are trying to find out who they belonged to. A complaint has been filed by manager D. Narasaiah,” the inspector said. Police is likely to pick up the duo for questioning.

LB Nagar assistant commissioner of police P. Venugopala Rao said, “The fraud was detected during verification by the bank manager. Banks are collecting the ID proofs but they are not entering them into the systems. This is leaving scope for fraud.”

Police said they had received reports of this happening at several banks.