Canara Bank Rs 10 Crore Scam: Govt Official, Manager Conspired, ED Stunned

• A major bank scam involving Rs 10.40 crore has surfaced at Canara Bank's Hatia branch in Ranchi, Jharkhand.
• The embezzlement was carried out through fake signatures, with funds transferred into an account opened using the forged signature of Jharkhand Tourism Development Corporation's (JTDC) then-managing director.
• Accused include Girija Prasad Singh, then cashier of JTDC, and Canara Bank managers Amarjeet Kumar and Alok Kumar.
• The funds were subsequently moved to various bank accounts to hide the fraudulent activity.
• Initially investigated by CID, the case has now been taken over by the Enforcement Directorate (ED) for a thorough probe.