Bangalore:
A top official of a multinational bank, his father and one more person were arrested for allegedly siphoning off Rs 1.33 crore of depositors' money.
Police said the arrests of the Vice President of the bank's Gandhi Bazaar branch here, his father and another person on Monday followed a complaint from the manager about discrepancies in deposit records. The three have been remanded in judicial custody, they said.
According to the police, investigations have revealed that the accused official, instead of depositing customers' money into their accounts, pocketed the amounts to the tune of Rs 1.33 crore himself and purchased properties and luxury goods.
The other two were held for abetment of the crime, they said.