B.SESHASAYANA REDDY
Srinivasa Sahu – Appellant
Versus
Regional Manager/Discriplinary Authority, Central Bank of India – Respondent
The petitioner-Srinivasa Sahu joined the 1st respondent- Central Bank of India, Regional office, Bank Street, Hyderabad in the year 1990 as Clerk cum Typist. He was promoted as Computer Terminal Operator in the year 2000 and posted at Chettabazar branch of R1-Bank. Thereafter he was transferred to Charminar Branch in August 2002 and worked there upto November, 2007. In November, 2007 he was transferred as Computer Terminal Operator to Chetta Bazar branch. Some discrepancies in the statement sent by Charminar Branch to non- banking office were noticed and investigation was taken up. It was found that the petitioner while working as a Computer Terminal Operator at Charminar Branch manipulated the reconciliation statement between Charminar Branch and non- banking office and misappropriated funds to the tune of Rs.64,42,330/-. A complaint came to be lodged with Central Crime Stateion, Hyderabad and thereupon the Station House Officer, Central Crime Station registered a case in Cr.No.114 of 2000 on 20.5.2008 against the petitioner. R1-Bank took up verification of the transactions attended by the petitioner in Charminar branch as Computer Terminal Operator. It came to light th
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