Summary:
While questioning, the accused bank manager showed us all the records. Without informing them, he applied for gold loans in the bank and deposited the yellow metal. Since he was the official appraiser for the bank, no authority raised any objection and granted the loan. His actions were probably ignored by bank officials.”Speaking to TOI, lead district bank manager Mahesh Prakash said, “The scam came to light after the bank audit team found suspicious yellow metal instead of gold in one of the accounts. The audit team found 47 suspicious accounts in which yellow metal was deposited instead of gold.”Prakash added, “The paperwork for the loan is absolutely correct and there is no flaw..