An employee of Central Cooperative Bank Nawanshahr in Punjab has swindled Rs 46.33 lakh. The accused had transferred money into his own account and into his relatives’ accounts, reports Indian Express.
There were complaints that despite the dismissal order, the bank officials made the accused deposit the amount and reinstated him.
However, the chief vigilance officer of the bank asked the MD to explain why the accused has been reinstated. It is said he was reinstalled due to his political connection.