Three men are being produced at the Magistrates Court in Suva for allegedly defrauding a bank of over $140,000.
The trio have been charged with one count of theft each.
Police said the first accused a 55-year-old man who was employed as a senior manager of a bank is alleged to have between the 8th day of December 2018 to the 21st day of December 2022; conspired with the other two accused persons to defraud the bank by selling off eight vehicles privately, when it was supposed to be sold by way of trade-ins with approved licensed motor vehicle dealers, as per the bank policy.
Police said all three accused persons are alleged to have benefitted from the sale of the eight vehicles worth $148,000.
The matter is expected to be called this afternoon at 2:30 pm.
