Bank Manger swindles Rs 60 lakh from Angul Collector’s account, held
Angul: In an incident putting a question mark on the safety and security of the depositors’ money lying in the private banks, a former branch manager of HDFC bank in Angul was arrested yesterday on charges of hoodwinking Rs 60 lakh from the district Collector.
The accused identified as Shakti Bedanta Das committed the fraud during his tenure as the branch manager of HDFC Angul Branch during 2017-18.
As per the allegation against Das he forged the signature of the Angul Collector Manoj Mohanty and applied for the cheque book of his CSR fund account. Later, through the cheques, he withdrew cash to the tune of Rs 59,41,481 from Mohanty’s account on eight occasions.
The fund had been deposited in the account in 2015 for various developmental projects of National Highway and State Highways in the district.
The fraud came to light after Angul Assistant Collector Ranjan Mohanty came across it during a transaction on September 11 and lodged a police complaint. Das was arrested later.
Meanwhile, the Angul Collector has informed that the bank has returned the swindled money to his account after taking prompt action in the case.
Also Read: Pompeo Blames Iran For Saudi Drone Attack