Over Rs 70 Lakh Withdrawn From Bank Account Of College By Fraudulent Means In Odisha’s Sonepur

Sonepur: More than Rs 70 lakh has been withdrawn from bank account of a college by fraudulent means in Odisha’s Subarnapur district.

According to sources, the authorities of Sonepur Mahavidyalay has a running account in Sonepur branch of Bank of Baroda for various financial transactions. On Friday when college officials went to update the account in the bank, they came to know about unauthorised withdrawal.

On verification from bank officials, it was revealed that somebody had presented a fake cheque of the college in the bank and withdrawn Rs 70,42,900. The fraud had processed the cheque through real time gross settlement (RTGS) for fast withdrawal of the amount. The amount was deposited from the state government fund.

Following the incident, principal of the college Rajib Lochan Acharya has filed a complaint at Sonepur police station. Acting on the complaint, the police questioned the employees of the bank’s branch on Friday night.

When contacted, Sonepur district SP Amaresh Panda said investigation into the case was going on and the details can be known only after it completed. However, he assured that they would trace the person who had committed the fraud soon.