Information about fraudulent withdrawal of money from bank
The Appellant wanted some details regarding a fraudulent withdrawal of money from the current account of a cooperative bank. The PIO refused to disclose the information on the ground that it was regarding the third party account. The Appellate Authority endorsed the decision of the PIO.
View of CIC
The Appellant submitted that it was in public interest that such information should be disclosed since the interest of thousands of shareholders of the cooperative bank was involved in the matter. The Commission observed that the account details of customers are not to be disclosed. But, in this case, what is being sought is not the account details but the extent of loss which the Union Bank of India had compensated against the fraudulent withdrawals from the cooperative bank’s account. The disclosure of this information would help the public to know about the total amount of loss estimated in this entire case and the amount of compensation given to the cooperative bank. The Commission directed the PIO to provide the details about the total amount of estimated loss and the compensation paid to the cooperative bank concerned. The PIO was also directed to inform the Appellant about the steps taken by the bank to investigate the matter.
Citation: Shri Hridya Narayan Panday v. Union Bank of India in file no. CIC/SM/A/2011/000589
RTI Citation : RTIFI/2012/CIC/26
Click here to view original RTI order of Court / Information Commission