Koraput: The cashier at Indian Overseas Bank (IOB) of Boipariguda Branch has been arrested for embezzling Rs 80 lakh of the bank and using it for online betting. The accused identified as Santosh Dora has confessed to the crime.
As per a complaint lodged by the Branch Manager, he was on leave for a month after his mother’s demise. Taking this opportunity, Dora diverted money from the accounts of the depositors.
Dora had been working as a cashier since 2014. He had not taken a single day off for the last three years. But on August 20, he was on a day off. On that day, the scam came to the notice of the branch manager and he lodged a complaint in this regard at Boipariguda Police Station.
Jeypore SDPO Arup Abhisekh Behera informed that during the investigation it was found that Dora had transferred the money to the accounts of his parents and some customers and later used it for online betting.
Police have seized many passbooks, cheque books, other documents, and a bike from Dora. It is suspected that he has embezzled more money. Senior officers of the bank have started an investigation into the matter.
