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Bank agent decamps with 24 lakh
Highlights
Daily deposit collection agent Nagaraju decamped with depositors’ money of Rs 24 lakh without depositing it in the Kurnool District Cooperative Central Bank. Nagaraju is reported to have decamped with deposit amount after collecting it from petty traders, farmers and others for the past six months.
Banaganapalle (Kurnool): Daily deposit collection agent Nagaraju decamped with depositors’ money of Rs 24 lakh without depositing it in the Kurnool District Cooperative Central Bank. Nagaraju is reported to have decamped with deposit amount after collecting it from petty traders, farmers and others for the past six months.
Worried about their money, the disturbed depositors confronted the bank manager, who admitted that the agent had duped them. However, he assured depositors that their money would be repaid and not to be unduly worry about it.
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