1 week ago
Former Mysuru SBI manager jailed over siphoning dead customer's funds
A former bank manager in Mysuru has been found guilty by a court.
The court said he took money from a customer who had already died.
The withdrawals happened several years after the customer's death.
The manager allegedly took Rs 40.53 lakh from that account.
He also allegedly took Rs 21.04 lakh from a bank account used internally.
The total amount mentioned by prosecutors was Rs 61.57 lakh.
The money was transferred to accounts belonging to the manager and his son.
The manager was sentenced to one year in prison.
A Mysuru court convicted former SBI chief manager Anirudh Vasantrao Kulkarni.
Kulkarni was sentenced to one year in prison on Friday.
The court heard that he exploited his position at SBI's Chamundipuram branch.
He allegedly withdrew Rs 40.53 lakh from deceased customer Krishna Iyer's account.
A further Rs 21.04 lakh was taken from an internal bank account, totaling Rs 61.57 lakh.
- Who
- Anirudh Vasantrao Kulkarni, a former chief manager of State Bank of India's Chamundipuram branch, was convicted.
- What
- He was convicted of siphoning money from a deceased customer's account and a bank internal account.
- Where
- The case was heard in Mysuru, Karnataka, and involved SBI's Chamundipuram branch.
- When
- The alleged withdrawals occurred between May 13, 2009, and December 23, 2011; the sentence was issued on Friday.
- Why
- According to the prosecution, Kulkarni exploited his position to transfer money into accounts belonging to himself and his son.
Key facts
- Convict
- Anirudh Vasantrao Kulkarni
- Former position
- Chief manager, State Bank of India's Chamundipuram branch in Mysuru
- Sentence
- One year in prison
- Amount from customer's account
- Rs 40.53 lakh
- Amount from internal bank account
- Rs 21.04 lakh
- Total amount cited
- Rs 61.57 lakh
- Deceased customer
- Krishna Iyer, who died on April 7, 2005
Sources
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