Odisha

Odisha: Ex-Banking Assistant Gets 2-Year Jail Term For Rs 1.15 Cr Fraud

By
OB Bureau

Dhenkanal: The SDJM court, Kamakshyanagar, has sentenced Sanjay Kumar Satapathy, a former banking assistant, to 2 years of rigorous imprisonment for misappropriating Rs 1.15 crore from United Central Cooperative Bank, Angul.

He has also been slapped with a fine of Rs 13,000.

Satpathy along with three other staffers of the bank had misappropriated Rs.1,15,16,300 in 2015- 16 by crediting the amount to 65 different accounts from different heads of general ledger account through 187 transactions and subsequently withdrew it by using the user ID of the account holders.

The court pronounced the quantum of punishment on Wednesday after finding him guilty under Sections 409/467/468/471/477-A/120-B of IPC.

OB Bureau

Recent Posts

Odisha CM Directs To Supply 3 Months’ PDS Rice To Beneficiaries In Advance

Bhubaneswar: Odisha Chief Minister on Tuesday issued direction to provide rice of three months' quota…

November 5, 2024

[Watch] Salman Khan Shoots For ‘Sikander’ In Falaknuma Palace Amid Tight Security

Mumbai: In the wake of a fresh death threat by the Lawrence Bishnoi gang, actor…

November 5, 2024

Bachchan Family Upset With Nimrat Kaur, To Take Action Against Source Of Rumour

Mumbai: Rumours about Abhishek Bachchan and Aishwarya Rai’s divorce have been doing the rounds for…

November 5, 2024

Surge In Patients With Respiratory Issues In Delhi Hospitals

New Delhi: Hospitals across Delhi are witnessing a spike in the number of patients with…

November 5, 2024

ISKCON Cancels ‘Untimely’ Rath Yatra In Houston

Bhubaneswar: Facing a strong opposition from the devotees of Lord Jagannath and Puri Gajapati Maharaja…

November 5, 2024

[Watch] Is Abhishek Bachchan’s ‘I Want To Talk’ Similar To Dad Amitabh’s ‘Piku’?

Mumbai: The trailer of the highly-anticipated Abhishek Bachchan starrer ‘I Want to Talk’ was unveiled…

November 5, 2024

One Killed, Two Injured In Mukhyamantri Bus-Bike Collision In Odisha’s Ganjam

Berhampur: One person was killed and two others were injured in a collision between a…

November 5, 2024

Raveena Tandon’s Daughter To Debut With Ajay Devgn’s Nephew

Mumbai: Bollywood actress Raveena Tandon’s beautiful daughter Rasha Thadani is all set to make her…

November 5, 2024