BENGALURU: The special investigation team (SIT) has issued notices to three Union Bank employees in connection with the Maharshi Valmiki ST Development Corporation scam.
The suspended bank employees, including bank manager Suchismita Raul, bank branch head Deepa S and Krishnamurthy, have been issued the notices asking them to appear for an urgent hearing.
After the CBI, the ED intervened in the case and secured information about the complaint lodged by the Union Bank of India. The ED officials have also obtained information from the CBI. The ED has received tip-off about illegal money transfer (hawala) and gathered information about the FIR from the CBI.
The Union Bank of India issued a media statement on its official ‘X’ handle, soon after the fraud came to light, stating that the bank is aware of the fraudulent transactions in the accounts. When the irregularities came to light, the bank promptly declared the transactions in question as fraudulent, it said. “We have filed a complaint with the Central Bureau of Investigation (CBI) on May 30 for investigation and identification of the culprits”, the statement said.