My uncle is associated with a PSU Bank for the past 36 years. A fraud was detected in the latest branch that he worked as Assistant Branch Manager where a temporary worker colluded with the Branch Manager and both the temporary worker, branch manager have amassed 2-3 crores of rupees by creating and disbursing loans against customer's deposits. Departmental action is progressing on the branch manager after he was suspended. Vast portion of the fraud amount has also been recovered by the bank from the tainted manager and the temporary worker.
Unfortunately, my uncle, who is the Authorizing officer for a limited stint in the branch has been axed too at the fag end of his career while he was expecting to retire peacefully. My uncle - with just 3 months of service left - was suspended and later kept under cessation and was recently accorded with the punishment of dismissal on the grounds of negligence in authorizing some of such fradulent entries in the system. It is unfortunate that my uncle became a scapegoat and he has not received any of his terminal benefits yet. No PF, No Pension, No Gratuity, No leave encashment. My uncle is now in a trauma that he could not pass on his genuine benefits to his children and that his reputation is totally tarnished despite servicing the bank for 35+ years with utmost sincerety. He has appealed to the appellate authority in the PSU bank and he is awaiting for any favorable decision considering that he is neither the sanctioning authority of loans nor the disbursing authority. His role was limited to counter work and he was the authorizing officer of system entries.
If he is not pardoned by the bank's appellate authority, he has no other option but to start a legal battle with his own employer. He is seeking for the expert opinion on - which court to start this battle, average number of years it can take in such matters, percentage of success in such genuine cases where the employee is not even a party to the fraud, but, was dismissed irrationally.
Thanks in advance.
