2 bank officials arrested in Raipur, case of embezzlement of lakhs of rupees

Raipur: 2 bank officials of District Cooperative Central Bank Limited Raipur have been arrested. Sharad Chandra Gangne, Branch Manager, Branch COD, District Cooperative Central Bank Limited, Maudhapara, Raipur, lodged a report at Police Station Maudhapara that he is posted as Branch Manager in District Cooperative Central Bank Limited, Raipur Branch COD (Central Office of Deposit Branch) since 18.05.2023. During inspection in the branch COD of the bank on 23.08.2023 by the Vigilance Cell of the bank, on checking the savings deposit account of Junior Clerk Chandrashekhar Dagghar posted in the branch and the savings deposit account of retired Assistant Accountant Arun Kumar Baiswade of the branch, excessive financial transactions were done despite the monthly salary amount being deposited.

chhattisgarh news In the investigation, retired assistant accountant Arun Kumar Baiswada, Chandrashekhar Daggaar Co. Ltd. and Sanjay Kumar Sharma, former assistant accountant, branch COD, in collusion, unauthorizedly debited the branch’s F- D- Interest Paid, oa D- D- Interest Paid accounts on various dates during the year 2017 to 2022 and committed financial irregularities by withdrawing excessive amount from the accounts of other account holders, causing financial loss of about 52 lakh rupees to the bank. In this way, Arun Kumar Baiswada, assistant accountant (retired), Chandrashekhar Daggaar and former assistant accountant Sanjay Kumar Sharma posted in the branch, during their tenure, in collusion, made irregularities in various accounts, deposited and withdrew huge amounts in their own accounts in a fraudulent manner, committed breach of trust and committed various types of financial irregularities, embezzling about 52 lakh rupees. On which, crime number 200/23 under sections 420, 409, 34 IPC was registered against the accused in Maudhapara police station. As per the instructions of Senior Superintendent of Police Raipur, Shri Santosh Kumar Singh, under the guidance of Additional Superintendent of Police (City) Lakhan Patel and under the supervision of City Superintendent of Police (Kotwali) Yogesh Sahu, the team of Maudhapara police station led by the police station in-charge Maudhapara started the investigation of the accused by questioning the applicant and other bank employees in detail regarding the incident. While investigating the accused, the team members arrested the accused Arun Kumar Baiswada and Sanjay Kumar Sharma in the case and sent them to judicial custody.

Arrested accused

1. Arun Kumar Baiswada father late Mithailal Baiswada age 66 years resident of Amlidih Bardia Bihar in front of DP Home, Police Station New Rajendra Nagar Raipur.
2. Sanjay Kumar Sharma, father Nand Kumar Sharma, age 52 years, resident of Barhai Para, near Jhanda Chowk, Jora Para, Maudhapara police station, Raipur.