Hitesh Mehta, ex-general manager of New India Coop Bank, allegedly directed staff to hand over large sums of money to his associates, leading to a Rs 122 crore embezzlement. The Economic Offences Wing is investigating the case after an RBI inspection revealed the discrepancy. Statements from bank staff and auditors are being recorded to ascertain the details.
from Banking/Finance-Industry-Economic Times https://ift.tt/tHskvaA
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