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Guruvayur temple money laundering; Bank employee arrested for embezzling Rs 27 lakh

Editor by Editor
January 24, 2022
in Opinion
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A man has been arrested for allegedly defrauding lakhs of rupees of depositing gold locket money bought by devotees at the Guruvayur temple. Police arrested Nandakumar, a bank employee who embezzled Rs 27 lakh without accounting.

Nandakumar, a clerk at the Punjab National Bank, was tasked with daily depositing the gold and silver lockets bought by devotees at the temple. He misappropriated this amount. The Devaswom Internal Audit Division found a shortfall of Rs 16 lakh for the period 2019-20. It was found later that there is an irregularity of more than Rs 27 lakhs.

The case was registered by the Police following a complaint lodged by Guruvayoor Devaswom. As per reports the employee recorded one amount in the receipt issued at the Devaswom and another amount when deposited in the bank. He has pleaded guilty during police questioning.

Earlier, the bank had suspended him as part of the probe. The bank also reimbursed Devaswom Rs 16 lakh. A decision on the remaining amount will be taken soon. The accused, who was produced in court, was remanded.

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