Bhubaneswar: Economic Offences Wing, Bhubaneswar has arrested one Bansidhar Majhi, Cashier, Odisha Gramya Bank, Pahanga Branch, Niali, Cuttack on charges of embezzling public money amounting to more than one crore rupees.
A native of Bhawanipatana, Majhi has been booked under Sections 409/467/120-B of the IPC. He was forwarded to the court of JMFC, Niali, Cuttack today.
The EOW registered a case in this matter on the written allegation of Jatindra Nath Sarangi, Regional Manager, Odisha Gramya Bank, Cuttack against the cashier Bansidhar Majhi for embezzling cash of Rs.1.15 Crores by committing forgery in connivance with others.
Investigation of the case revealed that Majhi during his tenure as cashier of Odisha Gramya Bank, Pahanga Branch from May 2021 to May 2022, and as cashier of Binishpur Branch from May 20 to May 23, has misappropriated the public money by not depositing the cash received from the bank customers in their respective accounts although he used to issue the receipt counter foil to the customers.
Further, he was illegally diverting the money from the accounts of the SHG Groups to his personal and other accounts as well and was misappropriating the same. He has also issued the ATM in respect of the accounts of the bank customers without their knowledge and was using the same ATM for the banking transaction from the said accounts and thereby misappropriating the customers’ money deposited with the bank, the EOW added.
The total amount misappropriated by the accused comes to be around Rs 1.15 crore. The accused in conspiracy with others has forged the bank documents and was using those as genuine. The accused has been absconding after his suspension.
Incriminating materials like ATM cards of customers have been seized from his possession. The investigation of the case is on.
