During the field visit, we observed the following embezzlement. Details as hereunder: -
Loan officer Prashant Singh/SF0068857 embezzled Rs. 3,82,852/- from 29 borrowers' Collection Amount Misappropriated, Disbursed Amount Recollected and Pre-Closure Amount Misappropriated but only Rs. 89,520/- were reported in FIMO as EMI.
We have collected evidence from all borrowers, i.e, Loan Cards, digital payment receipt copy, cash receipt copy and borrower statements, totaling Rs. 3,82,852/- affected.
CDL Product - As per the Borrower's statement loan officer Prashant Singh/SF0068857 took the borrower's 03 Mobile Phones and 01 refrigerator and ran the EMI by the loan officer himself. Borrower details are available in the borrower details annexure.