A case of financial misconduct has emerged at Axis Bank’s Wokha branch, involving two former employees who allegedly embezzled Rs 14,62,500. The complaint was lodged by Gaijinlung Kamai, the Branch Head of Axis Bank, Wokha.

Wokha

The accused, Lochumbenj Erui, who served as a Cashier, and Tungdemo Murry, the Assistant Sales Manager, are charged with siphoning funds from the account of DBHSS Wokha, an account established on 8 January 2013 for collecting school fees.

A preliminary investigation revealed that Murry is currently residing in Dimapur, while Erui is in Delhi. Both suspects had resigned from their positions following the incident. The inquiry confirmed that the duo embezzled funds without the knowledge of their superiors. Additionally, they had previously submitted a confession letter to the former Bank Head, Kahuto Achumi, admitting their involvement in the school fee embezzlement.

In light of these findings, a case has been registered against the accused under Wokha PS C/ No 409/420/477 A /120(B) IPS.

This was informed by PRO Wokha DEF, K Soriso Quinker through a press statement.

Mokokchung Times

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