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Police complaint in Mangaluru over money transfer

Sources in the RDPR department said the manager of a nationalised bank was involved in the scam.

Bengaluru: The rural development and panchayat raj department has lodged a complaint with the Mangaluru police on the alleged diversion of funds deposited in a nationalised bank.

Sources in the RDPR department said the manager of a nationalised bank was involved in the scam. Karnataka Rural Infrastructure Development Limited (KRIDL) had deposited Rs 20 crore and Rs 35 crore at the Kulai branch of Indian Overseas Bank, Mangaluru, on August 24 and August 30 respectively.

In a note released to the media, RDPR minister H.K. Patil said he was informed that a fake account was created in the same branch and money was diverted to that account. From this account, Rs 50 lakh was transferred to an account of Shah Exports in Koramangala branch of Vijaya Bank in Bengaluru. Vijaya Bank personnel objected saying that it was a non-operating account and how could such a huge amount be transferred to this account.

They claimed it was an illegal transaction and so the department ordered a probe in this regard, he added.

( Source : Deccan Chronicle. )
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