We are bringing herewith the important case cited by LVBOA in its circular on the seriousness and importance of maintaining the secrecy of passoword to safeguard and secure the future of all the officers fraternity.
Ref: 41/2015 E Cir:
11 07/03/2015.
To All the members of
LVBOA
Dear Comrades,
IMPORTANCE OF
PASSWORD SECRECY
Time and again we from
the LVBOA and our Management have been issuing circulars and also in whatever
forum that is available to us, highlighting the importance of maintaining the
secrecy of password. We are happy to note that some progress has been made by
our comrades in this front, still few of our members does not attach paramount
importance to this vital aspect of banking.
We would like to bring
the Court Judgement in this regard to the notice and knowledge of our members
as appeared in The Hindu Dt.07.03.2015.
QUOTE:
Court acquits
bank Assistant Manager
SPECIAL CORRESPONDENT
The
Madras High Court acquitted the then Assistant Manager of a nationalised bank
here who was sentenced to undergo one year imprisonment each in two cases.
The CBI
case against N. Sridhar was that while working in the Indian Bank, T.Nagar, he
allegedly did fraudulent transactions in his savings bank and loan account by
misusing the password of another officer of the bank. Charge sheets were filed
against Mr. Sridhar before the Special Court, Chennai, for offences of forgery,
falsification of accounts and cheating under the Prevention of Corruption Act.
The
Special Court awarded the punishment on November 30, 2006. Hence, Mr. Sridhar
filed the present appeal through counsel S.P. Sudalaiyandi.
In his
common judgment, Justice R. Mala said even though the sanction order was valid
and two charge sheets could be filed based on a single FIR, as per the
exhibits, the appellant’s statement was not a voluntary one. Non-seizure of
housing and vehicle loan registers and audit report on which basis the FIR was
registered was fatal to the prosecution case. Each and every staff member had been provided with user ID and password
and they were directed to change their passwords once in 15 days. If an officer
had disclosed his user ID and password to another, he was responsible for that
action. The prosecution had miserably failed to prove the offences against
the appellant beyond reasonable doubt, Ms. Justice Mala said.
UNQUOTE:
So
comrades, please understand the importance of maintaining the secrecy as well
as change of password frequently as per the instructions of our Bank is to be
followed at all levels scrupulously not only to safeguard the Bank’s interest but also to safeguard and secure your future.
With warm greetings,
Comradely yours,
(K.Gopish)
General Secretary
Lakshmi Vilas Bank Officers' Association
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