Union Bank Manager arrested for Rs 80 L scam

Udhampur (J-K): A bank manager has been arrested for his alleged involvement in swindling money worth Rs 80 lakhs.

Acting on a tip off, police arrested suspended Manager of Rishikesh Branch of Union Bank of India, Jatinder Paul Chaindel, last evening in connection with the Rs 80 lakh bungling case in UBI branch at Udhampur. Meanwhile, raids are being conducted across Jammu to nab assistant manager, Anup Bhasin, who is absconding.

A complaint was filed by bank authorities regarding misappropriation of public money by illegal means to a tune of over Rs 80 lakhs in the Udhampur Branch from 2010 to 2012 against the two accused, they said.