Sir,
In one of the branches of a nationalised bank, there was practice of sharing of passwords in CBS system Bank had not taken any preventive steps to stop the practice of sharing of passwords even though it was reported in audit reports in 2006.Branch was under concurrent audit where auditors were required to check day to day transactions and internal audit taken place every year.In 2008,bank's special audit team detected a fraud of Rs.15.00 lakhs for the period from 2004 to 2008.During this period there were 3 branch managers out of which 2 branch managers were belonging to a coterie of some top officials of the bank and one branch manager who is not the member of this coterie was made scapegoat along with an innocent officer of the branch.It apperas that many manual vouchers signed by influential branch managers have been destroyed.In the departmental inquiry,bank had provided computer generated vouchers as management witness to prove the allegations.Now,both these innocent officers have been dismissed,thier appeals have been rejected by the bank.Now,both of them are filing writ petetion in the high court of Karnataka state.It is learnt that computer generated vouchers is not a valid evidence in the court of law.It is argued by some experts that anything can be fabricated / modified in the computer system.It is learnt that somebody has to authorise these system generated vouchers as genuine.I will be highly obliged if any experts in this forum throw some light on this issue
