Friday, July 24, 2009

SUB POST MASTER ARRESTED FOR SAVINGS CERTIFICATES FRAUD BY CBI

PTI News dated 17.7.2009
Hyderabad, July 17 (PTI) The CBI today arrested a postal department official from Warangal district in Andhra Pradesh on charge of "fraudulently" withdrawing funds to the tune of over Rs one crore deposited under different postal savings schemes.
According to CBI sources, Venu Madhav Chittempalli, a sub-post master at Godavarikhani in Karimnagar district allegedly committed the fraud through fabrication of documents of various schemes that come under Postal Savings Schemes and withdrew over Rs 90 lakh.
The accused postal official was indulged in the fraud since 2005, but the matter came to light few months ago when a woman depositor approached the post office seeking withdrawal of her deposited amount after its maturity period and found that the amount had already been withdrawn," a CBI officer told PTI.
Author's Note
To avoid inspectorial lapses please verify the required number of passbooks, stock and also ensure that the verified list is received from the HO concerned. Please also do some exercises out of questionnaire on your own interest.

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