Cuttack: A former assistant manager of State Bank of India (SBI) here was arrested for alleged fraud worth lakhs of rupees.
Accused Chandra Bhanu Rout was serving at the Chandi Chowk branch of the bank in 2020 when he fraudulently withdrew over Rs 16 lakh from two matured fixed deposits of a customer and transferred the amount to several bank accounts belonging to him and his relatives, police sources said.
The fraud came to the fore in an internal audit and after departmental proceedings, Raut was suspended from services. He had been absconding since then. His last posting was as manager of the Tulasipur branch.
He was finally arrested from Baula Square by tracking his mobile phone and a car and a scooty brought by Rout with the siphoned money were seized, the sources added.
Bhubaneswar: A 20-year-old married woman, allegedly kidnapped from Odisha's Nabarangpur and then raped, and held…
New York: Slamming the prolonged delays in some parts of United States, Elon Musk on…
Cuttack: Madhupatana Police recently rescued a 17-year-old Bangladeshi girl, a suspected victim of trafficking and…
Mumbai: With the Bharatiya Janata Party (BJP), Shiv Sena and the NCP alliance emerging victorious in…
Balasore: The driver of a container truck was charred to death after the vehicle caught…
Nuapada: At least 80 people were arrested during a massive crackdown on illegal gambling activities…
Bhubaneswar: The Odisha government has transferred Special Secretary, Planning and Convergence, Chitra Arumugam and posted…
Sambhal: A violent clash erupted in Uttar Pradesh’s Sambhal on Sunday after a group opposed…