CBI registers case against four for siphoning off funds of Assam Gramin Vikash Bank

Guwahati: The Central Bureau of Investigation (CBI) on Tuesday said that it has registered a case against four accused in connection with an alleged fraud of over Rs 8.28 crore involving the Assam Gramin Vikash Bank. 

The CBI in a statement said that it has registered the case against the then assistant managers Prasanta Borah, Priyankshu Pallabh Gogoi and Sohan Dutta of the Assam Gramin Vikash Bank, Madhapur Branch, Jorhat, and Satyajit Chaliha, the then office assistant (multi-purpose) of the bank, on the allegations of entering into a criminal conspiracy among themselves and unknown persons for fraudulently causing loss to the bank.

In pursuance of the said conspiracy, it has been alleged that the accused dishonestly and fraudulently sanctioned and disbursed amounts in fictitious self-help group (SHG) loan accounts and transferred the proceeds of the same to the savings account of one of the accused and other bank accounts thereby allegedly causing loss to the tune of approximately Rs 8,28,42,900 to the Assam Gramin Vikash Bank, the CBI added in the statement.

The premier investigating agency further said that it conducted searches at a total of seven places in Assam, including the residential and office premises of the accused at Jorhat, Tinsukia and Dibrugarh, and another in West Bengal, which led to the recovery of incriminating documents. Further investigation is underway.