₹3 crore went missing. SBI’s Personal Banking branch in Mulund West had given gold loans worth ₹1.94 crore, which is around 65 percent of the value of the mortgaged gold ornaments, police informed. The prime accused, a 33-year-old service manager, Manoj Maruti Mhaske, siphoned off about 4 kg of gold jewellery worth around ₹3 crore from the bank’s locker.
The accused, Mhaske, resides in Raheja Township of Malad East and hails from Marathwada’s Nanded. The jewellery was stored in a bank locker that could be accessed with two keys. “According to the complaint given by Kumar, when a customer approaches them for a gold loan, after checking the gold for its authenticity, it is kept in the lockers, and a loan is given to the extent of 65 percent of the value of the mortgaged gold," HT quoted a police officer as saying.
The officer added, “The lockers have two keys and can be opened only by inserting both the keys, one of which remains with the service manager and the other with Sweta Sohani, who works as cash in-charge at the branch." Moreover, the police officer informed that every customer’s gold is kept in a sealed envelope in the lockers in the presence of the customer and other officials, as per customary practice. Amit Kumar, employed as an administrator with the Mulund Branch of SBI’s Personal Banking branch at Runwal Greens in Nahur, lodged a complaint, following which a probe into the incident was launched by police. The police officer involved in the probe informed that the theft surfaced on February 27 when Mhaske was on leave.
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