Mumbai: Insurance firm employee siphons off ₹8cr, booked

Mumbai: Insurance firm employee siphons off ₹8cr, booked

Mumbai: Insurance firm employee siphons off ₹8cr, booked

The Marine Drive police have booked an assistant manager of leading public sector general insurer, United India Insurance Company Limited, for allegedly siphoning off 8.09 crore from the company’s accounts. The accused purportedly diverted the money into his seven personal accounts with the help of other accomplices.

The accused, Khushel Singh, was posted at the Churchgate office of the insurance company and was looking after accounting in the corporate centre.

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