Senior citizen drags bank to consumer body | mumbai | Hindustan Times
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Senior citizen drags bank to consumer body

mumbai Updated: Jun 29, 2010 02:35 IST
Vignesh Iyer

A senior citizen has taken the State Bank of Patiala to the Maharashtra Consumer Disputes Redressal Commission alleging that the bank had siphoned Rs 70 lakh from his bank account.

Bandra-based businessman Sirish Kirtikar (63) had nine accounts (savings and current) and 10 fixed deposit accounts at the bank’s Bandra branch.

“When I was going through a bank statement issued on April 23, 2009, it showed that amounts had been withdrawn from my accounts and deposited in accounts not known to me,” Kirtikar said.

Kirtikar’s complaint said he had not issued any instructions for withdrawal of the amount from his account.

He also alleged that when he went to his bank to get the original receipts of his 10 fixed deposit accounts—the value of which was more than Rs 1.12 crore—the bank gave him seven photocopies of the receipts.

“When I got the receipts I was shocked to see that somebody had forged my signature and withdrawn money from the account.”

Officials of the State Bank of Patiala refused to comment. In a reply to an email sent by the Hindustan Times, M.K. Mohindroo, assistant general manager, Regional Office I (Mumbai) said, “Since the matter is subjudice, we are unable to give our comments.”

Kirtikar has alleged that the “fraudulent acts on the part of bank” caused him a loss of Rs 70 lakh.

He also claimed that the bank did not give him details of the day-to-day transactions of his accounts despite his request.

Kirtikar’s complaint said the bank had told him that the Reserve Bank of India (RBI) had permitted it to open accounts without consulting him.

“When I filed an application under the Right to Information Act, the Reserve Bank of India told me it has not authorised any bank to open unauthorised accounts,” Kirtikar said.

Kirtikar has also filed a case with the Economic Offences Wing of the Mumbai police.

Kirtikar has sought Rs 5 lakh as compensation for the mental agony he has suffered.