State commission orders bank to reimburse Rs 20.21 lac to customer


Daijiworld Media Network - Udupi (SP)

Udupi, Jun 26: Karnataka State Consumer Disputes Redressal Commission has ordered a bank to reimburse the entire amount which had been usurped by fraudsters by opening an account in the bank fraudulently, to a customer. In this case, the concerned had misrepresented themselves and opened savings bank account in the bank, and encashed cheque standing in the name of the said customer.

Dr Sheela Pai from Manipal, who presently works as medical practitioner at Dubai, had received a cheque towards refund of income tax amounting to Rs 20.21 lac. This cheque was to be deposited in her account with Syndicate Bank Manipal. However, some fraudsters produced photocopy of general power of attorney issued in their favour by Dr Sheela Pai about 20 years back, and succeeded in opening an account in her name in Kukkikatte branch of Vijaya Bank on June 5, 2008. After this cheque was cleared, they withdrew the entire amount. The bone of contention was that this general power of attorney had been cancelled sometime after it was issued by Dr Pai.

After she came to know that she was cheated, Dr Sheela Pai complained to the above branch of Vijaya Bank and its regional office about this illegal transaction. When the issue remained without satisfactory settlement, she complained to the chairman and managing director of the bank. Vigilance cell of the bank which looked into the issue concluded that this was a fraud. Police complaints were filed against the persons involved. Still, the money that was rightfully due to her continued to elude Dr Sheela Pai.

Dr Pai later filed a complaint in the court of the state consumer disputes redressal commission. The court has since passed an order, instructing the bank to reimburse the entire amount mentioned above to Dr Sheela Pai.

 

  

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Comment on this article

  • Janardhan, Manipal

    Sat, Jun 27 2015

    I am reliably informed that the present utive Director of Vijaya Bank Mr. Ramdas Shenoy is the cousin of Mrs. Jaya Pai wife of Sudhakar Pai.
    The case of Dr. Sheela was referred to the police by Vijaya Bank Kukkikatte Branch. POlice filed FIR naming Mr. Sudhakar Pai and Jaya Pai as accused. Their anticipatory bail applications were rejected by the District Court, Udupi.
    After Ramdas Shenoy took charge, the bank did not pursue the criminal case.
    How can you expect Dr. Sheela to get justice when the ED of the bank is related to one of the accused?
    I am sure bank under instructions from the ED will appeal in order to protect the culprit Jaya Pai and Sudhakar Pai

    DisAgree Agree [2] Reply Report Abuse

  • Rahul, udupi

    Sat, Jun 27 2015

    How Vijaya bank can encash a crossed account payee cheque with account no of syndicate bank ,manipal?If a nationalized bank can do this type of fraud,what is the security of general public.I pity on the customer for being harassed by the bank for so long for their rightful money.

    DisAgree Agree [3] Reply Report Abuse

  • FLAVIAN DSOUZA, CHIK/BANAGLORE

    Fri, Jun 26 2015

    what happened to the folks who forged the GPA and took away the money ...did the bank recover with interest ??how can syndicate bank payfrom public money?

    DisAgree Agree [2] Reply Report Abuse

  • Santhosh, Bantwal

    Fri, Jun 26 2015

    No Doubts its Syndicate Bank

    DisAgree Agree [1] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Fri, Jun 26 2015

    How come a bank allow somebody to open an account on the basis of a photocopy of a POA which was 20 years old? This indicates complicity of the personnel who allowed this account to happen!! Jai Hind!!

    DisAgree [3] Agree [15] Reply Report Abuse

  • vivek, herebile / abudhabi

    Fri, Jun 26 2015

    By the way!!...when say 20 Lakh..I too remember!!....somebody From Delhi assured me 15 LAKH and not Payed...where to Complain??..

    DisAgree [7] Agree [22] Reply Report Abuse

  • raju, mumbai

    Fri, Jun 26 2015

    Indian Ambassy at Abudabhi

    DisAgree [7] Agree [9] Reply Report Abuse

  • vivek, herebile / abudhabi

    Fri, Jun 26 2015

    Raju......seems like Dongiii name...Are you agent of that Delhi guy or CHAMCHAA????..he he he....

    DisAgree [6] Agree [13] Reply Report Abuse

  • Aubb, Kuwait

    Fri, Jun 26 2015


    @ Vivek,

    Don't forget to give POA to Raju... ha ha ha

    DisAgree Agree [1] Reply Report Abuse

  • Dr Arun Prasad T, Mudipu

    Fri, Jun 26 2015

    CONSUMER IS KING.JAGO GRAHAK JAGO.

    DisAgree [3] Agree [15] Reply Report Abuse

  • mayyadi, mangalore/dubai

    Fri, Jun 26 2015

    Well done by commission. appreciate
    bank are harassment poor people all the time. once again appreciate commission.

    DisAgree [1] Agree [19] Reply Report Abuse

  • vellano1, Mumbai

    Fri, Jun 26 2015

    media, never gives away details of complinnant and fraudulents! this lady is daughter of Ramesh U Pai- beleiving whom, lots of pople deposited money in ICDS/Maharastra apex ect and most of them lost money... I think this case also, sheela's brother Sudhakar pai, was accused and in the ICDS/Maha apex was also his own doing! Ramesh Pai got chappals thrown at him in Maniapl share holders meeting! Poor investors were left in the lurch, smart ones took their money away.. but when it comes to their own money, even 20lakhs also they will go to court and get it.. vhe vhe vhe

    DisAgree Agree Reply Report Abuse


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Title: State commission orders bank to reimburse Rs 20.21 lac to customer



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