A clerk working in the finance department of Karnataka Oil Federation has been booked for allegedly skimming nearly ₹79.89 lakh over the last eight years. The fraud was discovered after an audit. The accused, Nataraj C., confessed to the crime and returned ₹13 lakh to the management. He gave an undertaking that he would return the rest of the money in instalments but then failed to report to work. The last day he reported to work was July 5.
S. Srinivasan, a manager in the company, approached the Kadugodi police on Sunday. In his complaint, Srinivasan said that Nataraj had been working with the company for 26 years, and had been authorised to withdraw money from the bank on behalf of the federation for payment to transporters.
“However, the accused began to submit fake bills to the company with forged signatures of officials and pocketed the cash,” said the police.
The Kadugodi police have registered an FIR against Nataraj charging him with forgery and cheating. Efforts are on to trace him.
