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SBI manager, 4 others booked for swindling deposit in Muzaffarnagar

Updated on: 04 July,2019 02:44 PM IST  |  Muzaffarnagar
PTI |

The bank manager along with the officials have been suspended

SBI manager, 4 others booked for swindling deposit in Muzaffarnagar

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Muzaffarnagar: An SBI branch manager and four others have been booked for allegedly swindling crores of rupees from customers' accounts in Muzaffarnagar district of Uttar Pradesh. An FIR was lodged in this connection by the bank's regional manager, Mukesh Kumar, on Wednesday, Station House Officer Jitender said. The police was investigating the matter.

The SHO said that the accused are Kakrauli Branch Manager Chander Mohan Sharma, Field Officer Rakesh Sharma, Cashiers Virbahadur and Ravinder Dayal, and canteen contractor Manoj Kumar. The bank suspended four of its officials involved in the case last week.


The alleged fraud surfaced after many account holders, most of them farmers, staged a demonstration claiming that money was withdrawn from their accounts using fake vouchers.



The SBI has replaced entire staff members of the branch concerned and formed a team comprising the bank officials to verify the charges. 

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