Bengaluru: FIR filed against two Mangaluru bank officials for Rs 55 crore scam exposed by HDK


Daijiworld Media Network - Bengaluru (MS)

Bengaluru, Oct 31: Police have registered FIR against two senior bank officials with regards to the transfer of Rs 55 crore belonging to rural infrastructure development corporation, that comes under department of rural development and panchayatraj to fake bank account in Mangaluru.

H K Patil, minister for rural development and Panchayatraj has confirmed the reports after the same was brought to light by H D Kumaraswamy, former chief minister, at a press conference on morning of Monday, October 30.

Patil informed that chief secretary of the rural development department has submitted the preliminary investigation report on evening of Monday, October 30. "We will take action as per the report. Instructions have been issued to take action against the two senior erring officials," said the minister.


H D Kumaraswamy

The money that belonged to the department, including Rs 20 crore and Rs 35 crore that is kept in fixed deposits on August 24 and August 30 at Indian Overseas Bank, Kulai-Mangaluru branch, which is situated in Nava Nidhi Complex of Gokul Nagar, Mangaluru, a total of Rs 55 crores is misused by the said officials.

A fake account in the name of Karnataka rural infrastructure development ltd (KRIDL) was opened in the same bank and the money was transferred to various accounts from this fake account. Suspicion arose after Vijaya Bank officials gave the information that they received an amount of Rs 50 lacs in the bank account belonging to Shah Exports in their Koramangala Branch, which had zero balance since two years.

Based on the report of Vijaya Bank officials, instructions were given to conduct investigation and submit report before October 28, according to the details given by the minister at the press conference.

Role of one senior official of KRIDL and another officer is suspected in this scam. In the meantime, as per the complaint filed by the KRIDL officials, FIR has been registered in Suratkal police station against the regional manager and branch manager of Indian Overseas Bank.

"In the same manner several crore belonging to different government departments was being transferred illegally. I had exposed such scam even during BJP rule. But nothing happened. Now this government is using 'white money' transferred in this fashion for elections. This is the evidence of transparent administration of Siddaramaiah government," ridiculed H D Kumaraswamy.

  

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Comment on this article

  • Dr Mohan Prabhu, LL.D, QC, Mangalore (Kankanady)/Ottawa, Canada

    Tue, Oct 31 2017

    These are not just "erring bank officials", they are fraudsters and there have to be many accomplices in the scam. How come there are no audit checks. Perhaps AADHAAR linkage with large deposits would help stem the rot.

    DisAgree Agree [2] Reply Report Abuse

  • Marle, Kudla

    Tue, Oct 31 2017

    Yardo duddu, yellaman Jatre!

    DisAgree Agree [2] Reply Report Abuse

  • VK, Mangalore

    Tue, Oct 31 2017

    This time Kumaranna got good chance to become CM as both Congress and BJP will not get the majority. JDS is ready to form government with any party subject to making Kumaranna as CM.
    Only he gets some genuine proofs to the accusations he make. All others are only for media/election purpose accuse each other.

    DisAgree [3] Agree [9] Reply Report Abuse

  • shan, dubai

    Tue, Oct 31 2017

    I am not surprised about corruption in India...... I was watching TV news..... In Jarkand some poor people died because government stopped ration to the card holder who did not linked their Adhar No. Here Bank will open the accounts in fake names and and will make cores of money transfer to zero balance account......?????

    DisAgree [1] Agree [11] Reply Report Abuse

  • JNB, Mangalore-Mumbai

    Tue, Oct 31 2017

    *there are 2 KRIDL & (KRIDL) bank accounts.

    **"Both Cabbages looks same!
    Difficult to identify once you pu inside Fridge"

    ***Why can't GOVT use State Bank of India? instead of Indian Overseas Bank?

    DisAgree Agree [6] Reply Report Abuse

  • Flavian dsouza, chik/bengaluru

    Tue, Oct 31 2017

    IOB chairman and officials are responsible for this . You have so many procedures just to open an account and how come the MEA approved this company ?? and if the company was fake how did the bank open the account ?? who are the authorised signatories ? parnters and owners of the company .
    All bank officials are involved cannot happen without the blesssings .what can CM do about this ??
    who initiated the transfer should be behind bars and all who helped open the account and freeze the account and put back the money

    DisAgree [1] Agree [13] Reply Report Abuse

  • Rathan, Mangalore

    Wed, Nov 01 2017

    Flavian
    If you say the chairman of the bank is responsible on the same ground
    CM is also equally responsible
    Under sickulars /khangress anything is possible
    Because of such bank officials" note bandhi" was not effective as
    anticipated
    Hope the guilty r punished

    DisAgree [1] Agree [1] Reply Report Abuse

  • Arshad Kadli, Bhatkal/Alkhobar

    Tue, Oct 31 2017

    Bank account belonging to Shah Exports !!!!!......Yet another Shah!!!!
    Tum kitne shah ko pakdoge......Ghaple Ghaple se Shah nikle ga.
    Jai Hind

    DisAgree [6] Agree [16] Reply Report Abuse

  • Vincent Rodrigues, Bengaluru/Katapadi

    Tue, Oct 31 2017

    Government funds and grants are heavy and many misuse these funds

    DisAgree Agree [10] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, Oct 31 2017

    Both, Father & Son are flop political leaders, still they need political boost to survive.
    'Pran jaye par vachan na jaye meaning' - Attitude

    DisAgree [14] Agree [9] Reply Report Abuse

  • Ivar, Mangalore

    Tue, Oct 31 2017

    So, corruption has reached our Mangalore!!

    DisAgree [2] Agree [28] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Oct 31 2017

    from Gujarat ...

    DisAgree [21] Agree [29] Reply Report Abuse

  • David Pais, Mangalore

    Tue, Oct 31 2017

    started from gujarat 2 central cow govt.

    DisAgree [7] Agree [15] Reply Report Abuse

  • Nithya, Mangalore

    Tue, Oct 31 2017

    No notes available for elections expenses after demo. Don’t worry. There is always a way..!

    DisAgree Agree [20] Reply Report Abuse

  • ASHOK SHETTY, UDUPI

    Tue, Oct 31 2017

    Nothing will happen
    Looting is prime agenda of political party
    last term Bjp looted in karnataka
    Now congress is looting,Next chance may be Bjp again

    DisAgree [25] Agree [24] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Oct 31 2017

    Your other four fingers point back at you ...

    DisAgree [18] Agree [25] Reply Report Abuse

  • Praveen, Oman/ Mangalore

    Tue, Oct 31 2017

    Other 3 fingers ... ;) not 4...

    DisAgree [2] Agree [13] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Oct 31 2017

    Fourth finger points towards Yeddyurappa ...

    DisAgree [3] Agree [7] Reply Report Abuse


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Title: Bengaluru: FIR filed against two Mangaluru bank officials for Rs 55 crore scam exposed by HDK



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