Accounting Aberrations: A Manager’s Dilemma
Mohan Gopinath, Kavita Chavali, Dolphy Abraham, and C Kishan Rao
Alliance School of Business, Alliance University, India
Volume 8: 2013, pp. 35-48; ABSTRACT
The discussion point in the case revolves around a senior banker in India who used unethical methods and misused his position of trust by making fraudulent withdrawals from the unclaimed balances account in the branch. The mitigating circumstance was that he had to pay for the treatment of his mother who was suffering from bone cancer which the doctors said could be cured with treatment. Unclaimed balances are, in banking parlance, those accounts in a bank in which there have been no operations for many years. The case is based on a composite of real life incidents and individuals. The decision focus in the case is how to react to transgressions of laid down practices in a bank by senior officers even though there were pressing circumstances for them to resort to these transgressions.
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