Manipal group’s DGM arrested on fraud charge
Posted On : Wednesday, January 9, 2019, 6:21 PM
The Deputy General Manager (Finance) of Manipal Education and Medical Group in Bengaluru has been arrested for siphoning over Rs 62 crore from the company’s account with the help of his wife and a former colleague. According to the police, Sandeep, who had been with the group since the age of 23, had earned the trust of his chairman Ranjan Pai and his wife Shruthi Pai. He was authorised to oversee online cash transactions on behalf of the company.