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Home Co-op News Snippets

Fraudsters steal CPU from Co-op Bank

Parasnath by Parasnath
February 16, 2016
in Co-op News Snippets
0
Co-op Credit Society in Andhra: Probe ordered
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Times of India reports computer processing unit with details crucial to a financial fraud are missing from a cooperative bank in Jaisalmer, Rajasthan. The bank’s officials have recently lodged a formal complaint with the local police, the report adds.

Sources say the fraud involves crores of rupees and cooperative officials have been extremely slow in probing the irregular transactions.

According to the report, bank officers are not willing to see a link between the missing CPU and the financial irregularities. They are quoted claiming soft copy and record of voucher, entry, etc, are still safe with them.

Tags: bankcooperativesCPUrajasthan
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