Global IME Bank pays from account with no money, millions of rupees trapped in the bank after the customer ran away!

KATHMANDU: Millions of rupees of Global IME Bank have been stuck due to the negligence of the employees of the new road branch of the bank. Santosh Bhurtel, an employee of a stock brokerage company named Ashutosh Brokerage, said that millions of rupees of the bank were stuck while paying the cheque even though there was no money in the account. The bank, which had done such illegal transactions many times in the past, paid the cheque in an account with no money, after which the employees of the broker company absconded.

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Ashutosh Brokerage, a stock brokerage company, used to do business in the branch of Global IME Bank.TAG_OPEN_div_15 Other employees of the company also had a large business in the bank. Santosh Bhurtel, an employee of the company, used to request the bank officials to pay the cheque without any money. This process was going on. But this time, Santosh Bhurtel did not bring the money. The employees of the bank were trapped by such transactions on the basis of acquaintances.

Employees suspended

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The bank has already suspended the employees of Global IME Bank for making money payments from accounts that do not have any money illegally.TAG_OPEN_div_12 After knowing that Santosh Bhurtel had run away instead of depositing the money, the bank has lost millions of rupees and the employees have also lost their jobs. But this was not the first time such a transaction had taken place. It has also proved how weak the bank is, not knowing the bank even after doing such transactions many times. There is also talk in the Nepali banking sector that even the upper level employees of the bank did not do anything despite knowing the fact that such illegal transactions took place and later suspended the employees after being trapped. Police are searching for Santosh Bhurtel. Following the scandal, the Nepal Stock Exchange (NEPSE) has also suspended the trading of the broker company.

HIMALAYAN LIFE

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