CBI arrests then branch manager, indian bank in an on-going investigation of a srijan related case
The Central Bureau of Investigation has arrested the Chief Manager, Indian Bank, Zonal Office, Karaikudi, Shivanga District (Tamil Nadu) in an on-going investigation of a Srijan related case. The accused was produced in the Court of the Chief Judicial Magistrate, Karaikudi (Tamil Nadu) and was given transit remand of three days. He will be produced in the Court of Special Judge, CBI Cases, Patna.
CBI had registered this case on the request of the Bihar Government and further notification dated 21.08.2017 from the Government of India and taken over the investigation of the case, earlier registered at Bhagalpur Kotwali, Tilka Manjhi (Bihar) vide FIR No. 513/2017 dated 12.08.2017 u/s 34, 120-B, 409, 419, 420, 467, 468 & 471 of IPC on the allegations of fraudulent diversion of Government funds from the accounts of DDC cum CEO, Zila Parishad, Bhagalpur during the period from 2009 to 2017.
It was alleged that the said accused while posted as Branch Manager, Indian Bank, Bhagalpur (Bihar) had passed the transaction of Rs. 8,79,06,070/- and diverted the proceeds of the account of Deputy Development Commissioner cum Chief Executive Officer, Bhagalpur to the account of Srijan Mahila Vikas Sahyog Samiti Ltd., Sabour, Bhagalpur. The Designated Court had issued a NBW against the said accused.
Investigation is continuing.