IOB assistant branch manager arrested for ₹3.09-crore gold loan fraud

A bank official entrusted with safeguarding customers’ gold allegedly turned it into a ₹3.09 crore fraud. The Central Crime Branch has arrested an assistant branch manager of Indian Overseas Bank for allegedly replacing 2,179 grams of pledged gold jewelry with fake ornaments.The accused, Potnuru Murali Krishna, 34, a n

According to an official statement, the chargesheet was filed before the Special Judge for CBI Cases in Mumbai and names Amitabh Jhunjhunwala, Group Managing Director of the Reliance ADA Group.