Man wanted in scam held after 18 yrs

Published: 03rd August 2013 11:05 AM  |   Last Updated: 03rd August 2013 11:05 AM   |  A+A-

A man wanted by the Central Bureau of Investigation in connection with a bank loan scam was arrested, 18 years after he was charged.

Sukadev Sahoo, a native of Tarabha in Balangir, was an accused in a Rs 1.5 lakh loan bungling which the CBI was investigating.

The case dates back to 1986 and Sahoo has been absconding since 1995. A team picked him up from Surat in Gujarat. Earlier, a co-accused in the case, Basudev Praharaj who is field officer of the SBI, was tried and convicted in the same case.

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