Uttarakhand : Deed of bank manager exposed in Dehradun, embezzlement of 1.25 crore rupees by forged signature

The former manager of Union Bank of India’s (UBI) Niranjanpur branch opened two bank accounts by forging signatures on documents of two persons and embezzled them by infusing a loan of Rs.15 crore. This discrepancy came to light while auditing loan accounts. Patelnagar Kotwali police has registered a case against the accused bank manager. The accused is presently posted in Karnprayag branch of Union Bank of India.

Abhishek Rana, manager of Union Bank of India’s Niranjanpur branch, told the police that the Niranjanpur branch of UBI was earlier known as Corporation Bank. In November 2020, Corporation Bank and other banks merged with Union Bank of India. Earlier, Amit Singh was the manager in the branch. In the year 2019, accused Amit Singh had issued a loan of Rs 53 lakh in the name of a woman named Shivani and Rs 48 and a half lakh in the name of Manohar Singh. Later he was transferred. After this the final audit of the bank took place on 31 December 2020. In which evidence of embezzlement was found.

The complainant Abhishek Rana said that he joined the bank as a branch manager in place of accused Amit Singh on July 27, 2021. After this, he inspected the loan accounts and the objection raised during the audit, it was found that the documents related to both the loan accounts were not present in the records of the bank. After this, they contacted the account holders on the basis of the ID used in both the loan accounts, then both told that they did not take any loan from the bank nor did they sign any document. Inspector Patelnagar Kotwali Ravindra Yadav said that a case has been registered against the accused Amit Singh on the complaint of the branch manager.