The Jammu and Kashmir crime branch have taken into custody a former bank manager and a retired clerk from Baramulla Central Cooperative Bank, Tangdhar branch in north Kashmir for allegedly swindling Rs 21 lakh from the bank, reports PTI.
An inquiry has revealed that ledgers, day books, account sheets, account opening forms were manipulated to reflect wrong entries and the accused withdrew the said amount without the knowledge and consent of actual account holder, a source claimed.
The accused also used bank accounts of deceased persons to swindle the bank, sources said.
The case has been registered and investigation has begun, police say.