DGM along with three others arrested for cheating Manipal Group of Rs 62 crore
Team Udayavani, Jan 8, 2019, 7:48 AM IST
Bengaluru: The Cubbon Park police has arrested the deputy general manager of Manipal Education and Medical Group (MEMG), his wife and two other women allegedly for syphoning off Rs 62 crore from the privately-held conglomerate.
The arrested are Sandeep Gururaj (38), Deputy general manager (DGM) of MEMG, his wife, Charusmita (30), Dr Shivaram resident of Karanth road in Chikkakallasandra, Meera Changappa (59), a resident of Koramangala seventh block main, and her daughter, Amrita Changappa (32).
Ranjan Pai and Shruti Pai, Company directors had lodged a complaint against the four in this regard.
These four diverted money from the company’s bank account to their personal accounts and Rs 1.81 crores has been seized from the accused, informed police sources.
The accused also bought various properties with the looted money and the police have launched an investigation against the accused informed D Devaraj DCP of Central division.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Davanagere: Man murdered by relative for insurance money; 4 arrested within 24 hours
Govt clerk found dead in Tahsildar’s chamber, FIR filed against minister’s PA, 2 others
MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle
Mangaluru: Asiatic male lion arrives at Pilikula Zoo
Waqf Notice Issue: Not an accident, but state government’s conspiracy, claims V. Sunil Kumar
MUST WATCH
Latest Additions
Davanagere: Man murdered by relative for insurance money; 4 arrested within 24 hours
Heroin worth Rs 3.5 crore recovered in police raid in Delhi, 2 arrested
Govt clerk found dead in Tahsildar’s chamber, FIR filed against minister’s PA, 2 others
Treated Muslims like fuel for ‘lantern’: Prashant Kishor targets Lalu, asks upper castes to stay away from Nitish
MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.