NEWS & ADVICE : CAR LOANS
SBI scam in Porbandar unfolded
By Vaibhav Aggarwal
Sep 23, 2010
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The scam involving Rs 3 crore which went missing from the Kutiyana branch of State Bank of India, Porbandar has brought into highlight, Tulsi Patel, cashier of the bank as the culprit. He has been suspended but is absconding till now.

Investigations have further unfolded that the accused often made customers fill more than one withdrawal form citing different reasons for doing so. Bank officials revealed that the extra forms would be kept by him using which he later withdrew the money illegally.

The amount of money looted in the scam has increased by another Rs 8 lakh, a top official of the bank said He added that even NRI accounts had been targetted.


 


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