Ranchi: Manager of the Central Bank of India’s Birsa Chowk branch, Lolus Lakra, was arrested by the special investigation team (SIT) in the illegal withdrawal of Rs 56.50 crore from the Jharkhand State Electricity Employees’ Master Trust (JSEEMT) fund through fake accounts.
The criminal investigation department recovered Rs 37.18 lakh and a mobile phone from Lakra.
The case was registered at the CID police station by a manager of JSEEMT under various sections of the BNS on October 4.
SIT is probing five other illegal withdrawals, valued at over Rs 100 crore, in five govt agencies, including Jharkhand Tourism Development Corporation Limited and the Jharkhand Urja Utpadan Nigam Limited. It is establishing contacts with banks and freezing accounts with suspicious transactions. The SIT has frozen Rs 47.20 crore in 350 bank accounts, arrested six, and recovered Rs 1.23 crore in cash and ornaments valued at Rs 16.70 lakh.
The affected account holders can present their arguments before the SIT or send relevant documents via e-mail to cyberps@jhpolice.gov.in.