The record
Written from the 1 report below. Nothing here is unsourced.
- Police in Bagalkot district, Karnataka have registered a case against Gururaj Shivaraj, a branch manager at Lokapur, for allegedly diverting around ₹65 lakh of bank funds into his personal account.
- The case was filed after a complaint by the District Central Co-operative Bank, and investigations are underway.
- The alleged fraud came to light when another manager took charge of the branch after the accused went on long leave.
- The manager is reportedly absconding, and his mobile phone is switched off.
What to watch next
- Whether police locate and arrest the absconding manager
- Findings of the investigation into how the ₹65 lakh was diverted
- Any action by the District Central Co-operative Bank on branch oversight
Coverage1
1 report
English national1
All filed from India
Named India · Bagalkot · District Central Co-operative Bank · Karnataka · Lokapur · Gururaj Shivaraj
The 1 report is listed beside the record.
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