Mr. Lokendra Singh involved in Financial Misappropriation & Absconding from the branch. He has involved in the recovery misappropriation of Rs 2240/- as per the preliminary investigation. During the investigation, it was observed that Lokendra Singh/SF0091110 embezzled in the EMI amount, misappropriation of multiple borrowers from multiple centres. He was absconded on 17-Mar-25. Total Fraud amount is Rs. -42290/-.
The alleged employee involved in the investigation of financial embezzlement has not participated in any of the proceedings. The employee has failed to respond to calls and messages sent to the registered number.
Further, he is already terminated due to abandonment. The ZDAC Member concluded from the absence of the employee that the employee was indeed involved in financial embezzlement and recommended closing the case at level 1-Closed with Termination.
