Maharashtra's principal secretary for Information Technology (IT)
department, Rakesh Aggarwal, in a recent case, directed six banks, one
mobile operator and a card company to pay Rs1.06 crore compensation to
victims of online frauds who have been duped over past two years.
According to a report in
The Times of India, the order for
compensation was issued by the state government's equivalent of a Cyber
Crime Court, which is presided over by the principal secretary in charge
of information technology. "The principle secretary, Rakesh Aggarwal,
functions as adjudication officer under Section 45 of the IT Act 2000.
The banks that have been ordered to pay compensation include Central
Bank of India, Royal Bank of Scotland, Punjab National Bank, IndusInd
Bank, Yes Bank, State Bank of India. Other institutions who have been
directed to pay are Vodafone and SBI Cards," the report says
More
here
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