India News | Court Rejects Anticipatory Bail Plea of Bank Manager Accused of Duping NRI Couple of Rs 13 Crore
Get latest articles and stories on India at LatestLY. A court here has dismissed the anticipatory bail plea of a bank manager, who has been accused of siphoning off several crore rupees from the account of an NRI couple.
New Delhi, Mar 14 (PTI) A court here has dismissed the anticipatory bail plea of a bank manager, who has been accused of siphoning off several crore rupees from the account of an NRI couple.
Additional Sessions Judge Shefali Barnala Tandon was hearing the pre-arrest bail plea of Vipin Mishra, a sales manager with the ICICI Bank, who allegedly induced the couple to invest and later siphoned off over Rs 13 crore.
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According to the prosecution, Mishra misappropriated the funds with another accused Varun Vashisht.
"Keeping in view all the facts and circumstances of this case, the law laid down by the superior courts, the nature and gravity of offence alleged and considering the fact that the present applicant or accused has evaded the investigation and is still absconding and non-bailable warrants (NBWs) have been issued against him, this court is not inclined to grant anticipatory bail," the judge said in an order passed on Wednesday.
The court noted that there were allegations of cheating, misappropriation and forgery against Mishra and Vashisht.
It said according to the investigating officer's (IOs) reply, there were CCTV footage where Mishra was seen withdrawing money from the complainant's account.
Prabhav Ralli, the complainant's advocate, said offences of such nature shook the faith of the public in the banking system.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)