Actor - singer Suchitra Krishnamoorthy recently slapped a legal notice on HSBC Bank claiming Rs. 5 crore for damages caused as a result of mismanagement of funds, mental agony, stress and harassment. Apparently, it's learnt that when Suchitra deposited a sum of Rs. 1.4 crore, the bank persuaded her to nominate them as her portfolio managers, promising a 24 percent return on her investments.
Later, in 2007, Suchitra invested another Rs. 2.2 crore bringing the full investments to Rs. 3.4 crores. However, she claims that the bank was grossly negligent together with her investments and has even acted against her interests. Further, she claims that, on every occasion she incurred losses, the bank assured her that they might make good at the debts, but had always didn't accomplish that. If that wasn't enough, Suchitra also added that her portfolio with the bank has incurred losses as much as Rs. 80 lakhs, which did not occur because of unforeseeable or unpredictable circumstances.
While at the other hand, the HSBC has claimed that they have got received the legal notice, and can reply back shortly.
