4 bank officials suspended for Rs 35 lakh fraud

A bank manager and three other officials of a public bank were suspended over the opening of a fake account and transfer of Rs 30 lakh above of depositors money in Govardhan district, bank officials said today.
A case will be registered with the police once the departmental inquiry is over, they said.
The three suspended officers are the Second Officer, a clerk and cashier. They had allegedly opened a fake bank account in the name of one Rahul and withdrew Rs 35 lakh of depositors money through illegal transactions, they said.
The decision was taken against the bank manager since the alleged scam took place while he was at the helm of affairs.