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Former manager of a nationalised bank in Odisha s Kendrapara district was arrested for allegedly embezzling around Rs 1.5 crore, police said on Saturday. Manmohan Mohanty allegedly perpetrated the fraud when he was the manager of Canara Bank s Kakat branch in 2016, they said. Mohanty had sanctioned loans in the name of 14 account holders based on forged documents and cheques, said Jyotiranjan Samantray, the inspector of Kendrapara town police station. He was dismissed from service in 2018 after the fraud was detected by an audit squad of the bank, the police officer said. Police swung into action after a local businessman, Satyajit Das, complained, alleging that a sum of Rs 13 lakh was withdrawn from his account, he said. ....
Odisha: Ex-banker arrested for Rs 1.5 crore fraud in Kendrapada | Bhubaneswar News indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Derivatves | Benzinga benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
MacroBusiness Access Subscriber Only Content at 10:40 am on May 7, 2021 | 19 comments The superannuation industry loves to scare Australians into believing they will retire poor and will have to work until they die. Doing so helps the industry push their agenda of lifting the compulsory superannuation guarantee (SG) so as to boost the amount of funds under management and fee revenue. The latest example of this brainwashing comes from the “widely-respected” Association of Superannuation Funds of Australia (ASFA), published without question from The Australian’s personal finance writer, Anthony Keane: Rising numbers of Australians face the brutal prospect of working until they die if they want a comfortable lifestyle beyond retirement age. ....
Future shock: a how-to guide for the new world disorder afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.