34CRIN FAKE KOTAK A/Cs

Hindustan Times ST (Mumbai) - Live - - FRONT PAGE -

NEW DELHI: Af­ter Axis Bank, Kotak Mahin­dra Bank came un­der the I-T de­part­ment’s scan­ner over nine bo­gus ac­counts on Fri­day.

Ac­cord­ing to re­ports, fake ac­counts with mon­e­tary de­posits of up to 34 crore were found in the bank’s Kas­turba Gandhi Marg branch in New Delhi. The ac­counts were in the names of Ramesh Chand and Raj Ku­mar. The branch man­ager, who is sus­pected to have col­luded with the money laun­der­ers, is ab­scond­ing.

Ravin­dra Ya­dav , joint com­mis­sioner of po­lice (crime), said the ac­counts were opened in fic­ti­tious names.

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