Court
S'porean woman, 65, charged after allegedly taking S$1.72 million from Serangoon Road bank vault & using it to gamble at casino
The woman is accused of passing most of her ill-gotten gains to another woman who used those funds to gamble.
July 02, 2026, 02:33 PM
A Singaporean woman allegedly took and misappropriated more than S$1.72 million from a vault in Serangoon.
On Jul. 1, Janagee Karruppiah, 65, was handed eight charges: two counts of criminal breach of trust, two counts of falsification of accounts, and four counts related to her dealings using the ill-gotten gains.
According to charge sheets seen by Mothership, Janagee, a former bank branch manager of Indian Overseas Bank’s Serangoon Remittance Centre (SRC) in Serangoon Road, also allegedly falsely recorded the cash vault's balance on more than 200 occasions.
Handed money to another woman who used it to gamble
Janagee is accused of passing most of her ill-gotten gains to Shanngarri Balakrishnan, 36, who gambled using the funds.
Shanngarri was also charged on Jul. 1, and faces four charges for being involved with unlawful gambling activities
Charge sheets did not state the relationship between the two Singaporean women.
Between May and November 2021, as Janagee was employed at the bank, she allegedly misappropriated S$9,000 from the SRC's vault.
She allegedly falsified a book belonging to the bank on six occasions, falsely recording the cash vault's balance.
On or around Dec. 7, 2021, Janagee purportedly passed an undisclosed sum of money to Shanngarri.
Shanngarri allegedly used S$2,150 from the sum to gamble at the Marina Bay Sands (MBS) casino.
Misappropriated S$1.7 million
Between December 2021 and August 2022, Janagee allegedly misappropriated S$1.72 million from SRC's vault.
At the same time, Janagee allegedly falsely recorded the balance in the cash vault on 200 occasions.
Between Jan. 15 and Jun. 5, 2022, Janagee allegedly handed Shanngarri another undisclosed sum.
Shanngarri allegedly used S$144,692 to gamble at the MBS casino.
Between Apr. 5 and May 31, 2022, Shanngarri allegedly transferred over S$790,108 on at least 3,108 occasions to place bets on illegal gambling websites.
Between Jun. 5 and Sep. 1, 2022, Janagee allegedly passed Shanngarri another undisclosed amount.
Following which, Shanngarri allegedly used a sum of more than S$1.37 million to gamble at the Resorts World Sentosa (RWS) casino.
According to charge sheets, Janagee is also accused of using S$42,405 at the RWS casino between Jun. 23 and Aug. 29, 2022.
The cases involving the women will be mentioned again on Jul. 29.
