Udupi: Bank staff accused of misusing gold pledged by customers

April 4, 2016

Udupi, Apr 4: Five employees of Allahabad Bank have been charged with duping six customers who had pledged gold ornaments and taken loans. The bank staff allegedly misused gold ornaments of these customers for their own private purposes here. The value of the gold ornaments of the six customers is estimated at Rs. 7.57 lakh.

According to a complaint filed by Bimal Krishnan, manager of Allahabad Bank with the Udupi Town Police, Shobha K., a customer from Ambalpady, had pledged 58.56 gm and taken a loan of 1.15 lakh. Similarly, Taj Mohammed of Kaup had pledged 43.1 gm of gold ornaments and taken a loan of Rs.78,000; Krishnanda Nayak pledged 69 gm of gold ornaments and took a loan of Rs. 1.2 lakh; Pratibha S. Rao from Udupi pledged 115.8 gm of gold ornaments and took a loan of Rs. 2 lakh; Shakuntala from Tenkanidiyur pledged 24.2 gm of gold ornaments and got a loan of Rs. 44,000; and Sridhar Rao K. from Udupi pledged 119 gm of gold ornaments and availed a loan of Rs. 2 lakh.

But five employees of the bank – K.H. Pai (the then manager of the bank), Deb Prasad, Satish Shettigar, Bhaskar and Sharath Kumar – instead of depositing the gold ornaments in the locker, used it for their own purposes, which was dereliction of duty and betrayal of trust of the customers. The matter came to light after Ms. Shobha came to the bank on March 10 to get back her gold ornaments. But these ornaments could not be recovered.

The Chief Manager of Zonal Office of the bank conducted an inspection on March 16 and the matter of gold ornaments of five other persons being misused also came to light. A case has been registered under Section 409 (Criminal breach of trust by public servant, or by banker, merchant or agent) of the IPC and investigations were on, the police said.

“We are enquiring with the six accused. Any arrest can be made only after there is some recovery of gold,” said a police officer.

Comments

I HAVE ONE QUESTION IN MY MIND,

WEN WE GIVE AND TAKE LOAN FROM BANK BY KEEPING OUR GOLD THEY WILL CHECK THE WEIGHT OF THE GOLD AND IN THAT THEY WILL PAY US,

BUT WHEN WE GET BACK OUR GOLD FROM THEM,
WHY THEY ARE NOT CHECKING THE WEIGHT BEFORE HANDOVER TO US
, ACTUALLY ALL CUSTOMER MAKE SURE
SHOULD CHECK THE WEIGHT OF GOLD AND VERIFY THE WEIGHT .

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Mangaluru’s ₹1,200 crore fix: Massive sewage overhaul to end city’s drainage woes

News Network

December 19,2025

Mangaluru: In a decisive move to tackle the city’s deteriorating sanitation infrastructure, the Mangaluru City Corporation (MCC) has announced a massive ₹1,200 crore action plan to overhaul its underground drainage (UGD) network.

The initiative, spearheaded by Deputy Commissioner and MCC Administrator Darshan HV, aims to bridge "missing links" in the current system that have left residents grappling with overflowing sewage and environmental hazards.

The Breaking Point

The announcement follows a high-intensity phone-in session on Thursday, where the DC was flooded with grievances from frustrated citizens. Residents, including Savithri from Yekkur, described a harrowing reality: raw sewage from apartments leaking into stormwater drains, creating a "permanent stink" and turning residential zones into mosquito breeding grounds.

"We are facing immense difficulties due to the stench and the health risks. Local officials have remained silent until now," one resident reported during the session.

The Strategy: A Six-Year Vision

DC Darshan HV confirmed that the proposed plan is not a temporary patch but a comprehensive six-year roadmap designed to accommodate Mangaluru’s projected population growth. Key highlights of the plan include:

• Infrastructure Expansion: Laying additional pipelines to connect older neighborhoods to the main grid.

• STP Crackdown: Stricter enforcement of Sewage Treatment Plant (STP) regulations. While new apartments are required to have functional STPs, many older buildings lack them entirely, and several newer units are reportedly non-functional.

• Budgetary Push: The plan has already been discussed with the district in-charge minister and the Secretary of the Urban Development Department. It is slated for formal presentation in the upcoming state budget.

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