Mandeep-K-Bhandari Appointed as Director JK Bank

Bizarre: J&K Bank employee ‘unauthorizedly debits money’ from customers' accounts in ShopianInquiry started, Rs 30 lakhs recovered: Bank ManagerJahangeer GanaieShopian, Aug 13 (KNO): In a bizarre incident, an employee of J&K Bank Branch Turkwangam Shopian has allegedly debited money from several customers' accounts without authorization.Several customers who spoke to the news agency—Kashmir News Observer (KNO) said that they don't have SMS alert service activated and when they came to the branch to debit some money they were shocked to know that their accounts were empty in which they had deposited lakhs of rupees.Waqar Ahmad, a local resident said that his paternal aunt had around Rs 5 lakhs in her account and when she came to withdraw the amount for the marriage of her daughter scheduled this week, she was informed that her account is empty.On enquiry, she also came to know that the money has been fraudulently debited from her account without her authorization, he said.He said that after raising the voice, she got around Rs 3.7 lakh back while Rs 1.15 lakh is still missing, which she needs urgently for the marriage of her daughter.Similar voices were raised by many customers as money from their accounts is also missing and they too are unable to debit anything from their accounts.They demanded that the matter must be investigated and action must be taken against the involved employees.Meanwhile, Showkat Ahmad, Manager of the Branch told KNO that departmental inquiry has already started against the employee involved in the fraud and he is under custody.He said that around Rs 30 lakhs have been recovered from him so far while the exact amount he had debited fraudulently is being verified and investigation is going on—(KNO)