Bank Accounts Wrongly Credited With Govt Money – Couple Sent To Jail

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What would you do? A married couple from South India has been sent to jail after being found guilty of theft. This was no ordinary theft though, the couples were wrongly credited 4 million Indian rupees ($57,000) to their bank accounts in 2012.

English daily The Times of India reported on Wednesday that seeing it as a “windfall,” the couple withdrew the money within a few days and went on a spending spree, including buying a property and on their daughter’s wedding.

The money was actually meant for a government bank account belonging to the Public Works Department (PWD) for carrying out some developmental work. The mistake was not spotted for nearly eight months. The money was wrongly deposited in the couple’s bank account, instead of the government department’s bank account.

On investigation, it was found that the couple misappropriated the money after withdrawing it with mala fide intention within a few days of it being deposited in their bank account.

Found guilty, the couple, V. Gunasekaran and his wife Radha, was sent to three years imprisonment by the trial court in Tirupur district of Tamil Nadu state. Coincidentally, the bank accounts belonging to the couple and the government department were in the same branch of a bank. The error was detected on the part of the bank employees.

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