Additional Chief Judicial Magistrate Vishvanath has rejected the bail plea of Rajesh Kumar, a cashier of Union Bank of India, saying he cannot be released on bail at this juncture.
According to the prosecution, police registered a case against 11 people, including Rajesh, for allegedly opening 30 fake bank accounts of district social welfare officer in the scam of about Rs 45 crore.
Seven persons including two bank managers are already in jail in connection with the scam.
