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Sunday, 8 May 2016

From sweepers to managers, CVC seeks nod to punish 96 bank staff for graft

From sweepers to managers, CVC seeks nod to punish 96 bank staff for graft 

NEW DELHI: From sweepers to senior managers, the Central Vigilance Commission (CVC) has sought permission to prosecute 96 employees working with various public sector banks found allegedly involved in corruption. 

Of these, 85 employees, including six sweepers, are working with Indian Overseas BankBSE 0.34 % (IOB). 

Out of the total 42 cases awaiting sanction for prosecution, 15 involve public sector banks. The CVC has sought permission to prosecute 96 bank employees in these cases, as per Commission's monthly report for March. 

Among banks, seven cases are of IOB, two are of Bank of India and one each of Oriental Bank of CommerceBSE 0.30 %, Corporation BankBSE 2.98 %, State Bank of Patiala, Exim Bank, United Bank of IndiaBSE -0.53 % and Bank of BarodaBSE 1.21 %, it said. 

Continue Reading :Economic Times 




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