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DELHI POLICE EOW NABS TWO ACCUSED INCLUDING EX SENIOR MANAGER OF BANK OF INDIA INVOLVED IN EMBEZZLEMENT

January 06, 2021 08:07 PM

 • THE ACCUSED PERSONS ARE INVOLVED IN EMBEZZLEMENT AND MISAPPROPRIATION OF THE FUNDS FROM THE A/Cs OF INNOCENT VICTIMS AT NAJAFGARH BRANCH OF BANK OF INDIA THROUGH FRAUDULANT TRANSACTIONS.• THE SENIOR MANAGER - THE THEN BRANCH HEAD, IN CONNIVANCE WITH THE BENEFICIARY ACCUSED HATCHED THE CRIMINAL CONSPIRACY AND GOT OPENED A CC ACCOUNT IN THE NAME OF A FIRM - MANI TRADERS.• TRANSFER OF RS 2.63 CRORE WAS MADE FROM THE BANK ACCOUNTS OF TWO OTHER CUSTOMERS INTO THIS CC LIMIT A/C FRAUDULENTLY THROUGH FORGERY OF CHEQUES.• FOR FRAUDULENT TRANSFER OF FUNDS, THE SENIOR MANAGER HIMSELF COMMITTED FORGERY IN ONE OF THE CHEQUES AND HE WAS INSTRUMENTAL IN CLEARING THE OTHER FORGED INSTRUMENTS VIOLATING THE BANK MANUAL.• SUBSEQUENTLY, THIS MONEY WAS TRANSFERRED TO OTHER ACCOUNTS AND WITHDRAWN THEREFROM IN CASH.• THE SENIOR MANAGER ALSO SAVED THIS ACCOUNT FROM TURNING NPA ON THREE OCCASIONS.• THE MISAPPROPRIATED AMOUNT WAS COMPENSATED BY THE BANK FROM THE PUBLIC EXCHEQUER.

New Delhi (Face2News)

Two customers of Bank of India informed the Bank that there are fraudulent transfers from their bank accounts. On enquiry Bank of India found that money from both of the aggrieved persons were transferred to the account of Mani Traders. A Complaint was made by the officials of the Bank of India alleged that Amit Kumar Jangra deposited the cheques in the CC Limit of Mani Traders. Thereafter the money was transferred from this A/C to other different A/Cs relating to relatives of accused Amit Jangra. The present case was registered vide FIR No. 227/18 at PS EOW, Delhi and the investigation taken up. 

  

Thereafter the Manager offered him to increase the CC Limit by the way of routing entries in this bank account and in a planned manner they transferred Rs 2.63 Crore in this CC Limit account from the account of other customers. This amount was later on withdrawn in cash after diverting it to other saving Accounts.The amount so misappropriated from the A/Cs of other customers of the bank had to be compensated by Bank of India from the Public Exchequer. 

A team of Section II of EOW comprising SI Satish Kumar, SI Nikhil Singh, HC Subodh and Ct Bir Singh under the Supervison of ACP Anil Samota, was constituted to trace the accused persons.

MODUS OPERANDI: Opening of an account in name of a firm Mani Traders and getting CC Limit facilities therein,  Fraudulent transfers of the money from the bank accounts of other persons in this account through forgery of cheques.,  Diverting the amount so transferred to other different Saving Accounts and withdrawal of the same in cash. 

Dr. O.P. Mishra, IPS, Joint Commissioner of Police, Economic Offences Wing. said, the investigation has revealed that accused Rampat Singh being Senior Manager (Branch Head) of the complainant bank was well acquainted with the system of the bank. He in connivance with accused Amit Kumar Jangra opened a CC account in the name of a firm namely Mani Traders which was being maintained exclusively by Amit Kumar Jangra using name and putting signatures of his mother. Earlier, the Senior Manager being Branch Head sanctioned the CC Limit of Rs 30 lacs for this A/C.

In this case accused Ram Pat Singh (Ex-Senior Manager, Bank of India and the then Branch Head) and Amit Kumar Jangra, the beneficiary, have been arrested on 5th January 2021. Role of other accused persons is under probe.

Accused  Amit Kumar S/o Ashok Kumar R/o 1625B/3, Dhansa Stand, Near Telephone Exchange, Najafgarh, New Delhi. Age- 40 years.,  Retired Senior Manager Ram Pat Singh S/o Late Sh. Ghisa Ram R/o H. No A-801, Plot No 21, Himachal Apartment, Sec-5, Dwarka, New Delhi-110075. Age 62 years

Ram Pat Singh is a retired Senior Bank Manager. He joined Bank of India as a Clerk and subsequently promoted to the rank of Senior Manager. He was the founder Branch Head of the Najafgarh Branch of BOI.

Amit Kumar Jangara is having his Timber Business in Najafgarh. While looking for a bank loan for the purpose of expansion of his business, he came in contact with the branch head of BOI Najafgarh who associated with him in getting the money of other A/C holders transferred in his A/C fraudulently through forgery of Cheques.

Further investigation is in progress.

 
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