Former bank manager arrested for embezzlement of Rs 1.5 cr in Odisha

Former manager of a
nationalised bank in Odisha's Kendrapara district was arrested for allegedly embezzling around Rs 1.5 crore, police said on Saturday.
Manmohan Mohanty allegedly perpetrated the fraud when he was the manager of Canara Bank's Kakat branch in 2016, they said.
Mohanty had sanctioned loans in the name of 14 account holders based on forged documents and cheques, said Jyotiranjan Samantray, the inspector of Kendrapara town police station.
He was dismissed from service in 2018 after the fraud was detected by an audit squad of the bank, the police officer said.
Police swung into action after a local businessman, Satyajit Das, complained, alleging that a sum of Rs 13 lakh was withdrawn from his account, he said.

Related Keywords

Bhubaneswar , Orissa , India , Pipili , Jyotiranjan Samantray , Satyajit Das , Manmohan Mohanty , Odisha Kendrapara , Canara Bank Kakat , Canara Bank , Saheed Nagar , புவனேஸ்வர் , ஓரிஸ்ஸ , இந்தியா , பிபிலி , சத்யஜித் தாஸ் , ஓடிஷா கென்ராபர , கனரா வங்கி , சீத் நகர் ,