Manager dupes Bajaj auto of Rs one crore

None | ByKS Manojkumar, Aurangabad
Published on: Jan 24, 2007 03:38 pm IST

Bajaj Auto revealed that one of its managers had duped the company of over rupees one crore KS Manojkumar.

Two wheeler giant, Bajaj Auto, that enjoys a reputation for its stringent work systems, on Tuesday revealed that one of its managers, in charge of the spare parts warehouse, at its MIDC Waluj plant in Aurangabad had duped the company of over rupees one crore.
 
Bajaj Auto, security Manager, Pravin Chandratre, in his complaint with the Waluj MIDCS police station here said the warehouse assistant manager, Deepak Bhanudas Ghorpade, had issued delivery receipts to a number the vendors, without ever receiving the supplies that had been requisitioned from them.
 
Ghorpade, a resident of Sawantra Sainik colony, Nageshwarwadi, was arrested on Tuesday night after being booked under section 406, and 420 of the Indian penal code.

HT Image
HT Image

Bajaj officials said most of the fluke bills that Ghorpade presented to the company was for the period between July 2006 and January 2007.
 
"We have also learnt that Ghorpade would, he would often get the supplies unloaded at a place outside the company premises,? officials said.
 
Email KS Manojkumar: ksmanojkumar2001@gmail.com

Get Latest real-time updates on India News, Weather Today and Latest News and Shubhanshu Shukla Earth Return Live on Hindustan Times.
Get Latest real-time updates on India News, Weather Today and Latest News and Shubhanshu Shukla Earth Return Live on Hindustan Times.
SHARE THIS ARTICLE ON
SHARE
close
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
Get App