Telangana Grameena Bank fraud: CBI yet to ascertain loss
Posted February 22nd, 2018, 09:55 AM IST
The CBI had registered a case, following a complaint from the bank about misappropriation of deposits by Jaipal Reddy, who had worked as office assistant in the branch.
A CBI team had visited the bank and checked the records. They also inquired about the procedures followed in the bank while accepting deposits from the public. The team also spoke to a few employees in the bank and to customers whose deposits were reportedly swindled.
The prime accused Jaipal had circulated the money in chit funds and other business to some people.
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