The former manager of Central Bank of India's Naurangabad branch in Aligarh, Amarjeet Singh, has been accused of embezzling Rs three crore ($400,000) from the bank. Singh was originally booked in April for allegedly siphoning off Rs 30 lakh from the bank, but an internal investigation revealed the amount could be significantly higher. The case has been handed over to the Central Bureau Investigation (CBI) for further investigation. As many as 33 customers have claimed money went missing from their accounts. Five cases have been registered against Singh and his associate, who are currently absconding.
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