The Hindu : Andhra Pradesh News : Rs. 15 lakhs `stolen' at bank

Online edition of India's National Newspaper
Wednesday, Mar 30, 2005

Andhra Pradesh

Andhra Pradesh

Rs. 15 lakhs `stolen' at bank

By Our Correspondent

ADILABAD, MARCH 29. In an alleged theft case, Rs. 15 lakhs, brought for depositing in the main branch of State Bank of Hyderabad (SBH) here on Tuesday, was missing. The cash, belonging to People's Cooperative Bank of Hingoli (Maharashtra), Adilabad branch, was reportedly brought to SBH for depositing by its peon Suresh.

According to Suresh, he brought cash in the denomination of Rs. 500 and Rs.100 in a bag to the bank at 1.30 p.m. The bag was stolen by an unidentified person as he kept it on the floor while standing in queue at the counter to deposit the amount.

He, however, informed officials of his bank before bringing it to the notice of the SBH staff.

According to the SBH (main) Chief Manager, K. Rajasekhara Prasad, and the head cashier Amarender, they were told about the theft at 2.15 p.m. Immediately, all exits of the bank were closed and the police were informed of it.

The Additional SP (administration) Satyanarayana, the DSP, K. Sarveswara Rao, and the Sub-Inspector, L. Jeevan Reddy, who swung into action, found discrepancies in the versions of Suresh, the manager, Joshi, and the officer, Venkatramana Shastri, of People's bank. The three were detained for interrogation.

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