A scam involving Rs 7.65 crore has broken in Doburji branch of Central Cooperative Bank in Taran Taran Punjab, according to Tribune reports
The scam came to light following an inquiry by the higher officials of the bank. It is worth mentioning that the Kisan Mazdoor Sangharsh Committee (KMSC) had earlier shined a spotlight on the matter.
The accused, a former branch manager and a former clerk, had begun to swindle the fund from January 2014 and continued till recently. The accused have been booked under Section 409, 420 and 120-B of the IPC.