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Assistant manager, cashier booked for fraud in AP's Krishna

Press Trust of India  |  Machilipatnam (AP) 

An assistant manager and a cashier of a cooperative bank were on Wednesday booked for a financial fraud involving an amount of Rs 1.54 crore in Andhra Pradeh's Krishna district, police said.

A case of cheating has been registered against Krishna District Co-operative Central Bank's assistant manager D Dharma Teja and cashier K Rambabu after the banks internal inquiry implicated them in the fraud, said Kodur sub inspector P Ramesh.

He said the two accused allegedly diverted Rs.1.54 from the deposits of the account holders.

A special team has been formed to investigate the financial fraud and no arrest has yet been made, Ramesh added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 13 2020. 00:16 IST