Guwahati, 25th June: The Central Bureau of Investigation (CBI) has initiated legal proceedings against four officials of the Assam Gramin Vikash Bank, Madhapur Branch, Jorhat, for allegedly orchestrating a fraud scheme that inflicted substantial financial losses on the bank.
The accused individuals, identified as Prasanta Borah, Priyankshu Pallabh Gogoi, Sohan Dutta, and Satyajit Chaliha, held positions ranging from Assistant Managers to Office Assistant (Multi-Purpose) at the bank. The CBI asserts that these officials colluded with each other and possibly with others to deceitfully approve and disburse funds under fictitious Self Help Group (SHG) loan accounts. The funds, amounting to approximately Rs. 8,28,42,900, were subsequently transferred into the personal savings account of one of the accused Assistant Managers and other undisclosed accounts. This fraudulent activity resulted in significant financial harm to the bank while financially benefiting the accused.
In response to these allegations, the CBI conducted searches across multiple locations in Assam, including residential and official premises in Jorhat, Tinsukia, and Dibrugarh. Additionally, searches were carried out at one location in West Bengal. During these operations, incriminating documents were seized, which are expected to serve as critical evidence in the ongoing investigation.
The case underscores the CBI’s commitment to combating financial malpractice and ensuring accountability within financial institutions. Further developments in the investigation are anticipated as authorities continue to gather evidence and pursue legal action against the accused individuals implicated in the fraud case.