DGM along with three others arrested for cheating Manipal Group of Rs 62 crore
Team Udayavani, Jan 8, 2019, 7:48 AM IST
Bengaluru: The Cubbon Park police has arrested the deputy general manager of Manipal Education and Medical Group (MEMG), his wife and two other women allegedly for syphoning off Rs 62 crore from the privately-held conglomerate.
The arrested are Sandeep Gururaj (38), Deputy general manager (DGM) of MEMG, his wife, Charusmita (30), Dr Shivaram resident of Karanth road in Chikkakallasandra, Meera Changappa (59), a resident of Koramangala seventh block main, and her daughter, Amrita Changappa (32).
Ranjan Pai and Shruti Pai, Company directors had lodged a complaint against the four in this regard.
These four diverted money from the company’s bank account to their personal accounts and Rs 1.81 crores has been seized from the accused, informed police sources.
The accused also bought various properties with the looted money and the police have launched an investigation against the accused informed D Devaraj DCP of Central division.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
BJP’s CT Ravi Booked for Promoting Hatred and Enmity Through Social Media Post
Elections held in 14 LS segments in Karnataka, voter turnout nearly 64 per cent till 5 pm
‘PM is scared, may even shed tears on stage’: Rahul Gandhi’s fresh salvo at Modi
EVMs destroyed as two groups of villagers clash in Chamarajanagar district
Banjarumale hamlet in Belthangady records 100 per cent voting
MUST WATCH
Latest Additions
Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business
Congress to discuss candidates for Amethi, Raebareli seats on Saturday
BJP’s CT Ravi Booked for Promoting Hatred and Enmity Through Social Media Post
Elections held in 14 LS segments in Karnataka, voter turnout nearly 64 per cent till 5 pm
‘PM is scared, may even shed tears on stage’: Rahul Gandhi’s fresh salvo at Modi