Former manager held for siphoning off Rs 1.36 crore from bank in Palamu
A former Jharkhand Rajya Gramin Bank manager was arrested in Bihar for allegedly siphoning off over Rs 6 crore. Manoj Kumar Singh was apprehended after his successor filed a complaint last year. The bank’s regional office discovered the embezzlement during an audit, prompting Singh to deposit Rs 4 crore and seek anticipatory bail.