Odisha: Bank employees held for swindling Rs 1.85 crore

By Express News Service

ANGUL: Chhendipada police on Saturday arrested the deputy supervisor of ICICI financial institution right here for allegedly embezzling Rs 1.85 crore public cash. The accused was recognized as 29-year-old Akash Bharati, deputy supervisor of ICICI financial institution, Chhendipada department. His confederate, the financial institution’s ex-cashier Subhashis Routray, reportedly resigned from his job six months again and is at present at massive.

The police motion got here after the financial institution’s regional supervisor A Okay Patjoshi filed a criticism on Friday. IIC Dhiren Kumar Behera mentioned Bharati had been working because the financial institution’s deputy supervisor for the final six years.
“He reportedly collected the money and filed the payees’ names in the computer records but was not depositing the cash at the treasury. This way, he had collected a whopping Rs 1.85 crore. All this while, the cashier aided him in the fraud,” Behera added. The matter got here to gentle in the course of the financial institution’s audit on February 21.

“The auditors realised that the money despite being collected from the people, was not submitted in the treasury. The huge sum was pocketed by these two unscrupulous bank officials,” the IIC added.“We swung into action after receiving the bank’s regional manager’s complaint and arrested Bharati. The other accused cashier is meanwhile on the run and a manhunt has been launched to nab him,” he knowledgeable.

ANGUL: Chhendipada police on Saturday arrested the deputy supervisor of ICICI financial institution right here for allegedly embezzling Rs 1.85 crore public cash. The accused was recognized as 29-year-old Akash Bharati, deputy supervisor of ICICI financial institution, Chhendipada department. His confederate, the financial institution’s ex-cashier Subhashis Routray, reportedly resigned from his job six months again and is at present at massive.

The police motion got here after the financial institution’s regional supervisor A Okay Patjoshi filed a criticism on Friday. IIC Dhiren Kumar Behera mentioned Bharati had been working because the financial institution’s deputy supervisor for the final six years.
“He reportedly collected the money and filed the payees’ names in the computer records but was not depositing the cash at the treasury. This way, he had collected a whopping Rs 1.85 crore. All this while, the cashier aided him in the fraud,” Behera added. The matter got here to gentle in the course of the financial institution’s audit on February 21.

“The auditors realised that the money despite being collected from the people, was not submitted in the treasury. The huge sum was pocketed by these two unscrupulous bank officials,” the IIC added.“We swung into action after receiving the bank’s regional manager’s complaint and arrested Bharati. The other accused cashier is meanwhile on the run and a manhunt has been launched to nab him,” he knowledgeable.