6 Union Bank execs booked in ₹94 cr scam as suicide case surfaces

Six Union Bank of India officials including CEO A Manimekhalai have been booked in Bengaluru in an alleged money laundering case worth over ₹94 crore. The case surfaced after an official of the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation died by suicide. The bank officials allegedly diverted funds from the corporation's account via fraudulent means.