Cr.Misc. M 23618 of 2011 1 IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH. Cr.Misc. M 23618 of 2011 Date of decision: 24.8.2011 Harmeet Singh petitioner vs State of Punjab respondent Present:- Mr. JS Jaidka, Advocate. Mr. Arshvinder Singh,Addl.A.G.Pb M.M.S.BEDI, J. The petitioner is alleged to have embezzled approximately Rs.30 lacs in the capacity as a Clerk in the Indian Overseas Bank, Ludhiana. A sum of Rs.12 lacs, which had allegedly gone to the account of the petitioner has been paid by the petitioner to the bank. Learned counsel for the petitioner has submitted that though it is not established that the alleged embezzled amount has travlled to the account of the petitioner but in order to secure the concession of pre-arrest bail, he had deposited the said amount voluntarily. He submits that he is ready to pay another sum of Rs.2.50 lacs, which is lying in his account in the said bank. I have heard counsel for the parties. There are allegations against the petitioner that he has used the pass words of other employees of the bank and got transferred amount from other accounts into his own account. Learned counsel for the petitioner submits that it is improbable that the petitioner would know the pass words of other employees or that Cr.Misc. M 23618 of 2011 2 he is in a position to misappropriated the money of the bank. The petitioner as an employee of the bank held a responsible post, which is trusted by the customers and the banker. The scams in the banks constitute “white coller crimes' and have to be dealt with a firm hand. N ground is made out to grant the concession of pre-arrest bail to the petitioner. Dismissed August 24 , 2011 (M.M.S.BEDI ) TSM JUDGE