He was employed by Bank of India as Chief Manager at the time. According to the CBI, a complaint was filed claiming that A. Kumar, while employed as Chief Manager of the Bank of India, Itwari Branch, Nagpur, between February 2024 and March 2025, had obtained an unfair advantage from the entities/firms involved in a transaction or business he conducted.
"It is observed that Kumar permitted Temporary Overdraft (TOD) or Temporary Loan (TOL) transactions without reporting under prudential supervisory reporting system and in violation of the Bank's guidelines," the bank's Chief Vigilance Officer wrote in a February letter to the CBI. It was discovered that money that had been moved to Kumar's savings account had been embezzled.
Kumar abused his official position as the Chief Manager and sanctioning authority at the time by transferring funds to his personal account, allowing unauthorized TOD/TOL without customer applications, and debiting cash credit/loan accounts with insufficient funds.
Additionally, he deceived some borrowers into sending money out of compassion. He has permitted the transfer of money for personal benefit without the consent of the client in situations where no formal directive was received.
It has been reported that these funds were used for stock market investments. Considering the aforementioned, it was determined that he had prima facie criminal intent. Therefore, I believe that a Prevention of Corruption Act investigation is necessary.
In accordance with Section 11 of the Prevention of Corruption Act (obtaining undue advantage by a public servant without consideration from a person concerned in a proceeding or business transacted by such public servant), the CBI has filed a case against Kumar.
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