District Forum Holds Bank Responsible for Security Lapses

Srinivas Gudi is a marine engineer working for Shell International Shipping and Trading Company. On 3rd and 4th December of 2008, Rs. 99,000 was withdrawn from ATMs in Malaysia using his SBI debit card and his code number. But Gudi was on duty aboard a ship in the middle of the Atlantic Ocean at that time. Gudi's wife noticed this large debit from his account and called him immediately. Using satellite phone..... continue reading