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The Straits Times, Ex-Citibank Manager Faces Forgery Charges

PREMALA Ramasamy, 29, was charged in a district court yesterday with six counts of fraudulently using forged Citibank account statements to show that the deposits and securities portfolio of an account holder, Mr Arumugam Nadarajah, were genuine. All 58 forgery charges - 52 of which relate to cheating, allegedly happened between February 2004 and March last year when she was a relationship manager at the bank. She is also alleged to have forged the signatures of various account holders to open new accounts with Citibank, get loans for them and use the amounts given out to invest. The amount disbursed by Citibank was between US$45,000 and US$540,000.

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Last updated on 17 July 2007
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