3 weeks ago

Hyderabad Manager Borrows ₹4 Lakh, Takes 'Emergency Leave'

Hyderabad Manager Borrows ₹4 Lakh, Takes 'Emergency Leave'
Hyderabad Employee Says Manager Took ₹2 Lakh From His Credit Card, Returned ₹50K; Then Went On ‘Emergency Leave’; Internet Reacts · news18.com

A person who works at an IT company in a city called Hyderabad says their boss borrowed money from them.

The boss took two lakh rupees using their credit card.

That is a very large amount of money.

The boss promised to give the money back in three days.

He only gave back fifty thousand rupees.

Then he stopped answering phone calls and messages.

The boss also borrowed money from nine other people who work there.

In total, he owes almost four lakh rupees.

When the workers asked the Human Resources office for help, the office said it was a personal matter.

Other people online gave advice about what the workers should do next.

Key facts

Amount borrowed from employee
₹2 lakh (from his credit card)
Amount repaid to employee
₹50,000
Outstanding balance to employee
₹1.5 lakh
Total borrowed from team
Nearly ₹4 lakh
Team members who lent money
10 (including the complainant)
Repayment promises
Initially 3 days; then 4-5 dates missed
Manager's leave status
On 'emergency leave' for the past week
HR response
Called it a personal matter; refused to intervene

Quotes

Reddit user (employee)

Employee from a Hyderabad IT company who shared the incident on Reddit

“"My manager borrowed money from me and isn’t returning… My manager in an IT company borrowed 2 lakhs from me 2 months ago, from my credit card and returned 50k."”
news18.com

Sources

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