Scores of customers of the J&K Bank’s Hyderbeigh Pattan branch on Saturday held a protest against the J&K Bank Corporate Headquarters for “shielding” an employee who has allegedly misappropriated money from the branch to the tune of around one crore rupees.
The customers told the news agency CNS that the J&K Bank Corporate Headquarters has failed to bring the report initiated into the erring employee, who has diverted the money close to one crore rupees from the Hyderbeigh Pattan’s branch of J&K Bank to his wife’s account.
They alleged that the employee, who has now been suspended, had snooped into their bank accounts and siphoned off money to the account of his spouse. “Embezzling huge amounts of money and looting the hard-earned deposits of customers cannot go unpunished. The mere suspension of the employee is equal to impunity given to the accused,” said the customers.
It was also said that the J&K Bank Corporate Headquarters was supposed to submit the report within three months into the suspended employee’s misappropriation, “but has not produced the same yet.”
“The J&K Bank is shielding the employee, who by now should have been brought to justice given the act committed,” they said.
The victim customers also sought an immediate reimbursement as they alleged the bank had not yet returned money to them. (CNS)