Six Arrested for Cooperative Bank Fraud

The sleuths detected assets to the tune of Rs.61.94 lakh which were disproportionate to his known sources of income.

Published: 09th April 2016 06:05 AM  |   Last Updated: 09th April 2016 06:32 AM   |  A+A-

BHUBANESWAR: The Cuttack Vigilance Division on Friday arrested six persons on charges of fraudulently availing a loan of Rs.3.08 crore from Odisha State Cooperative Bank (OSCB) in 2014.

The accused were identified as Prasanta Behera, a peon in Board of Revenue; Hara Prasad Das, a contractor; Mahendra Satpathy, ex-attendant, SCB Medical College and Hospital, Cuttack; KC Mahali, peon at Baranga tehsil office; Sk Parvez Ali of Salepur and Adip Khan of Jobra in Cuttack.

The accused took the loan by posing themselves as employees of R&B Division, Cuttack. The officials of OSCB branch in Cuttack had complicity in the fraud, Vigilance sources said.

In another case, the Bhubaneswar Vigilance Division arrested a Junior Engineer (JE) posted in Nayagarh Block office in a disproportionate assets case.

During raids on the residences and office of JE Sanatan Bhol, the sleuths detected assets to the tune of Rs.61.94 lakh which were disproportionate to his known sources of income.

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