The Delhi Police Crime Branch arrested two people for creating fake accounts in Kotak Mahindra Bank with unaccounted deposits worth Rs 34 crore on Friday.
The two people were also allegedly involved in a cheating case worth Rs 57.7 lakh from an account in Corporation Bank in Delhi’s GK-2.
After Axis Bank, Kotak Mahindra Under I-T Scanner
Kotak Mahindra bank came under the Income Tax (I-T) scanner on Friday with several fake accounts emerging, days after Axis Bank also came under the lens.
Fake accounts worth Rs 70 crore were found in their Kasturba Gandhi Marg branch in New Delhi. The accounts were in the name of Ramesh Chand and Raj Kumar.
Kotak Mahindra Bank has, however, denied the existence of fake accounts and said that these two people had filed their necessary Know Your Customer (KYC) papers.
Talking to ANI, Rohit Rao, Kotak Mahindra Bank’s spokesperson, said that the I-T department did visit its KG Marg branch to investigate two of its customers and had questioned the branch manager.
He added that no report was submitted by the I-T department on the two customers and said that the bank was extending its full support.
(Source: CNN-News18 and ANI.)