STATE TIMES NEWS
POONCH: Former Branch Manager Mendhar, Jammu Central Corporative Bank, has been arrested by police for alleged misappropriation of public money to the tune of approximately Rs 3 crore.
The former Branch Manager Abdul Karim of Uchad Mendhar was arrested after a complaint against him was lodged by a complainant (name withheld) from Thera Mendhar, that money deposited by him with bank has not been deposited in his account, officials said. Very soon, many other complaints against the Manager were received by police, the officials added.
In-charge Bank manager, Subash Chander said that approximately Rs 3 crore have been misappropriated. SHO Mendhar Manzoor Kohli said that case (FIR No 4) under Sections 420 and 109 of IPC has been registered at Police Station Mendhar. He said that former chairman Abdul Karim, who retired on December 31 2020 has also been arrested and further investigations are going on. “Many other employees of the bank, including those who have retired, are on police radar,” he added.