Sunday, November 28, 2021

ਵਾਹਿਗੁਰੂ

spot_img
yes punjab punjabi redirection

Lokan Da Channi

Channi 8

Bijli Bill

36000

Sada CM

Hunarmand

Mera Ghar

Kisan Karza

Markfed Sept to Nov

Innokids Green

Staff diverts over Rs 27 cr from his company, arrested by EOW

- Advertisement -

New Delhi, Oct 24, 2021- The Economic Offences Wing of Delhi Police on Sunday claimed to have arrested a person who has been involved in the diversion of funds to the tune of Rs 27.28 crore from the account of his company to his personal account for over a period of one and a half year.

According to police, Kamal Kumar (43) who was working as a general manager of the finance section in J Sagar Associates — a law firm, was involved in the financial fraud. He made the approvals for the payments up to Rs 1.5 lakh through more than 2,300 entries in the last one and half years mostly during the pandemic.

During this time, he diverted these misappropriated funds to his personal account. He managed to upload requests in the online banking portal of his firm and approved the payments in the Software of the firm. As per the complaint filed by the owners of the company, Kumar made several forged entries in firms’ Accounting Software and these transactions were made on the false pretext of payments for taxes of certain clients.

After a preliminary inquiry, the case was registered and investigation was taken up by EOW.

It was also revealed that the accused had invested this money in the share market and incurred losses in options trading. He is a graduate and also a qualified CA (Chartered Accountant). He was working with the firm with a monthly salary of Rs 4.5 lakh, the police said.

He has been taken in custody and further investigation in the case is in progress, police added. (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
112,995FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Taliban Fighters

The ‘Good’, the ‘Bad’ and the ‘Deobandi’ Taliban – by Asad Mirza

While an effort to classify the Taliban into good and bad is rather easy, the underlying reasons to classify them as Deobandi becomes a...
Interest Rates

When you (and everyone else) expect interest rates to rise – by Suyash Choudhary

The last few weeks have been notable from a global rates environment standpoint, particularly in developed markets. Markets across many such geographies have brought...
Diwali Diya

Diwali resolution we need in Covid times for a breathable future – by Dr Rajat Arora

The much-awaited festival of lights stands at our threshold -- the harbinger of peace and prosperity. With the economy coming back on track after...

SPORTS

Health & Fitness

Device alerts risk of heart attack

This device alerts risk of heart attack due to over exercising

New Delhi, Nov 28, 2021- There have been reports of sudden death of some film actors and other big personalities. Despite being healthy and young, these deaths happened due to cardiac arrest. Experts say a big reason for this is excessive exercise. IIT scholars have now come up with an innovative device that will raise an alarm about the risk...

Gadgets & Tech