• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

Kotak Mahindra Bank Fraud: ED Charge Sheets Former Patna Branch Manager, 2 Others

OMMCOM NEWS by OMMCOM NEWS
September 14, 2023
in Nation
Enforcement Directorate.

Patna:  The Enforcement Directorate (ED) has filed a charge sheet against a Kotak Mahindra Bank branch manager in Patna and two others before a special PMLA court here in connection with a case of Rs 31.93 crore fraud in the bank.

The ED had initiated PMLA investigation based on an FIR registered by Gandhi Maidan P.S. Patna under various section of the IPC.

The police also filed a charge sheet alleging that fraudulent transactions totaling to Rs. 31.93 crore from the bank account of the Competent Authority for Land Acquisition (CALA) cum District Land Acquisition Officer (DLAO) were executed and funds were siphoned off using bank accounts of various shells/dummy entities, causing huge loss to government exchequer.

During the ED investigation, Sumit Kumar, the then Manager of Kotak Mahindra Bank, Boring Road Branch, Patna was arrested by it on July 10 and one of his close associates Shashikant Kumar was arrested on August 2.

The ED investigation further revealed that accused Mannu Singh was actively involved in siphoning off public money from the bank accounts of CALA cum DLAO, maintained with Kotak Mahindra Bank, Exhibition Road Branch, Patna and its further diversion to various shell/dummy entities.

The ED investigation revealed that funds of Rs 3.05 crore were debited from the account of CALA cum DLAO, Patna and PD NHAI PIU in 4 transactions and were credited in the bank accounts managed by Mannu Singh and later transferred to the accounts which were used by the accused after retaining his commission.

(IANS)

Tags: Enforcement Directorate
ShareTweetSendSharePinShareSend
Previous Post

CSP Operator Gunned Down In Buxar, Another Injured

Next Post

PM Modi Accuses Chhattisgarh Govt Of Using State’s Property As ATM

Related Posts

Nation

Health Boost For Delhi: 33 Arogya Mandirs And 17 Jan Aushadhi Kendras Inaugurated

June 17, 2025
Prime Minister Narendra Modi
Nation

PM Modi To Address G7 Session As India Races Ahead On Economic Front

June 17, 2025
Nation

Indian Students Evacuated From Tehran, Some Moved Out Of Country Via Armenia: MEA

June 17, 2025
Nation

ONGC Gas Leakage: Hardeep Puri Reviews ‘Well Control’ Activities

June 17, 2025
Nation

Air India Flight From San Francisco To Mumbai Suffers Technical Snag, Passengers Deboarded In Kolkata

June 17, 2025
Nation

Raja Raghuvanshi Murder Case: Prime Accused Sonam’s Mental Test Found Normal

June 17, 2025
Next Post

PM Modi Accuses Chhattisgarh Govt Of Using State’s Property As ATM

Jagan Mohan Reddy

Jagan Writes To Jaishankar For Probe Into Death Of Andhra Student In US

Assam CM's Wife To File Rs 10cr Defamation Suit Against Gaurav Gogoi

OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.