JCCB’s ex-Manager held for fraud

Excelsior Correspondent
MENDHAR, Jan 12: A former Branch Manager of Jammu Central Corporative Bank (JCCB) has been arrested by police for alleged misappropriation of public money to the tune of over Rs 3 crores.
A senior police official said that former Branch Manager of JCCB, Mendhar, Abdul Karim, resident of Uchad village in Mendhar Sub Division of district Poonch, was arrested after a complaint against him was filed by one person (name withheld) from Thera village in Mendhar that money deposited by him with the bank has not been deposited in his account.
Thereafter, many other complaints were received by Mendhar Police, the official added.
In-charge Bank Manager, Subash Chander said that approximately Rs 3 crores have been misappropriated.
SHO Mendhar, Manzoor Kohli said that a Case FIR No 4/ 2021, under Sections 420 and 109 IPC at Police Station Mendhar has been registered in this connection. He said that Abdul Karim, who retired on December 31 last year, has been arrested and further investigation was in progress.
“Many other employees of the Bank including those who have retired or those still in service are on the police radar,” he said.