The CBI on Thursday arrested All Indian Overseas Bank Employees Union (AIOBEU) president L. Balasubramanian after investigation revealed that he was the kingpin in a scam in the bank.
The investigating agency registered a group of criminal cases pertaining to the recruitment scam in the engagement of 950 temporary sweepers and messengers that took place in IOB, Tamil Nadu.
A press release said Balasubramanian, Special Cadre Assistant (retired), IOB and president of the AIOBEU, was arrested and produced before the CBI court.
Searches were conducted in 18 places throughout the State in this regard.
Fake certificatesIt came to light during investigation that he made applicants, who had actually passed the SSLC or Plus two examinations, produce fake certificates claiming that they had failed in Standard 10. He also got domestic help in his house absorbed in the bank.
Vacancies were also manipulated during recruitment. However, the candidates so recruited were found ineligible and were subsequently terminated from service. The CBI recently arrested regional secretaries, vice- president and general secretary of the AIOBEU and few officials of the IOB Head Office.
