MADURAI
The Central Crime Branch of Madurai city police have booked a woman, her husband and an assistant manager of Pandyan Grama Bank for allegedly operating bank accounts with ₹ 2.95 crore deposits in the names of the woman’s deceased parents.
According to a complaint filed by S. Somasundaram, regional manager of the bank, fixed deposits worth ₹ 2.95 crore in the names of Jayaraj and Mangalam were maintained in the bank’s branch in Arasaradi in Madurai since August 2015.
When the deposits matured this year, they were reportedly transferred to new savings accounts opened in the names of Jayaraj and Mangalam based on documents provided by their daughter Girida Sudhasini and her husband David Prathapsingh with the support of branch’s Assistant Manager G. Balachandar.
The FIR filed by the police indicated that a number of transactions were done from these accounts through cheques signed in Jayaraj and Mangalam’s names.
During a recent audit, when the bank scrutinised the accounts on suspicion and conducted enquiries, it was revealed that Jayaraj died in 2002 and Managalam died in 2016. Their daughter and son-in-law reportedly confessed to the bank authorities that they had made the deposits in cash in the bank and were subsequently operating the accounts in the names of the two deceased persons.
The police have registered a case for forgery with the intention of cheating. Further investigation is on.
