PNB manager embezzles Rs 76 lakh

PNB manager embezzles Rs 76 lakh

A manager with a branch of the Punjab National Bank has been accused of trying to embezzle over Rs 76 lakh. After an inquiry by the bank, Manoj Aggarwal has confessed that he did it after being trapped in a financial crisis, police said on Saturday.

The bank has recovered the money from Aggarwal, a resident of west Delhi’s Tilak Nagar. He was posted as manager (establishment) with the bank’s Bhikaji Cama Place branch.

Aggarwal was also designated as database administrator in the head office’s security divison since July 2013.

The bank told police that Aggarwal committed the irregularities by using accounts maintained at the head office.

“He debited these accounts with different amounts on various dates and credited the same to his personal account without any authority for personal gains,” said a police officer. Aggarwal made 56 debit entries amounting to Rs 76.70 lakh.

Aggarwal’s activities were detected during audit of the accounts carried out by the bank. A probe was then carried out by the bank’s inspection and audit division (IAD).
DH News Service

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