This story is from June 12, 2021

After Buxar, Rs 92 lakh fraud detected in Nawada bank

Following the Rs1.09 crore fraud in the same bank in Buxar district, the embezzlement of Rs92 lakh from customers’ accounts by the bnak staff has surfaced in the Warisaliganj branch of Dakshin Bihar Gramin Bank (DBGB) in Nawada.
After Buxar, Rs 92 lakh fraud detected in Nawada bank
Representative image
PATNA: Following the Rs1.09 crore fraud in the same bank in Buxar district, the embezzlement of Rs92 lakh from customers’ accounts by the bnak staff has surfaced in the Warisaliganj branch of Dakshin Bihar Gramin Bank (DBGB) in Nawada.
An FIR was lodged with Warisaliganj police station two days back. The two cases within a fortnight has badly impacted the bank. All the 12 DBGB regional offices are on alert and asking customers to get their passbooks updated and report even a minute problem to the senior authorities.
The fraud in Asha Parari branch of the bank in Buxar surfaced on May 31 after which an FIR was registered with Simri police station on June 3.
Later, branch manager Dr Ravi Shankar Kumar was arrested from Patna on June 6.
In Nawada case, managers Madhulika Rani and Yogesh Kumar besides cashier Vishal Kumar have been made accused. No one has been arrested yet. Bank sources said the trio have been suspended.
“It was during a routine inspection that the fraud was detected. Money in two fixed deposits was found transferred into separate bank accounts,” a police officer privy to the investigation said.
He said a thorough internal inquiry was conducted thereafter and several fixed deposits had been found diluted prematurely or after maturity and the money transferred to other accounts.
“Preliminary inquiry revealed that the money was later rerouted to bank accounts of the accused staff,” he said.

He said the bank vigilance authorities found that user IDs of the two accused managers and the cashier were used in fraudulently diluting the fixed deposits and transacting the money.
DBGB general manager (inspection and audit) Achintya Kumar Ganguli on Friday said the inquiry was still on in the Asha Parari branch case. “Details about Warisaliganj fraud could be shared by Nawada regional manager,” he said.
However, Nawada RM could not be contacted over the phone as he was on leave after his mother’s death.
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