CBI Files Case Against Four for Rs 8.28 Crore Fraud at Assam Gramin Vikash Bank
Desk Report, June 25, 2024: The Central Bureau of Investigation (CBI) has filed a case against four individuals, including three former Assistant Managers and one former Office Assistant of Assam Gramin Vikash Bank. The accused are implicated in a bank fraud that caused a loss of approximately Rs 8.28 crore.
The case involves Prasanta Borah, Priyankshu Pallabh Gogoi, Sohan Dutta, all former Assistant Managers, and Satyajit Chaliha, a former Office Assistant. All were employed at the Madhapur Branch of Assam Gramin Vikash Bank in Jorhat. The accused allegedly conspired to create fictitious Self Help Group (SHG) loan accounts and then transferred the sanctioned amounts into personal and other bank accounts.
The fraudulent activities resulted in a significant loss for the bank and an equivalent gain for the accused. The CBI conducted searches at seven locations in Assam, including Jorhat, Tinsukia, and Dibrugarh, as well as one location in West Bengal. These searches led to the recovery of incriminating documents.
This investigation underscores the commitment of the CBI to addressing financial crimes and maintaining the integrity of the banking system. Further details about the case and ongoing investigation were released in a press statement.
Also read: The Mighty Brahmaputra: A Lifeline for Assam and Northeast India
