EOW ARRESTED TWO FRAUDSTERS IN SIPHONING GOVT. FUND OF Rs.2.45 CRORES
Bureau,Odishabarta
Bhubaneswar:Economic Offences Wing, with the help of Keonjhar district police and Barrackpore commissionerate Police of West Bengal, arrested accused Subas Ghising Giri on 24.03.2022 from Barangar, Barrackpur, West Bengal, in EOW PS Case No.07 dated 23.03.2022 U/s 420/467/468/471/120-B IPC. On being arrested, he was produced before the ACJM, Barrackpore Court, 24 Pragana, Kolkata on 25.03.2022 and was brought to Odisha on the strength of transit remand. He was produced before the Hon’ble Court of JMFC, Barbil on 26.03.2022. Besides, another accused namely, Saiyed Shahbaaz Naqvi (a native of Raipur, Chattisgadh) has also been arrested and is being produced in the court of JMFC, Barbil today i.e. on 27.03.2022.
The above referred case has been registered on the basis of a complaint filed by the Executive Officer, Barbil Municipality, Barbil on the allegation of fraudulent and unauthorised transfer of Rs.2,45,60,800/- from their official account maintained with Bank of Baroda, Barbil by forging the cheques and the signature of the complainant.
Investigation of the case revealed that the official account of Barbil Municipality is maintained with Bank of Baroda, Barbil and the authorized signatory of the account is the Executive Officer of Barbil Municipality. Sri Abhisek Panda is presently working as the Executive Officer, and for any debit transaction from the accounts, his signature is necessarily required. However, on 16.03.2022 and 21.03.2022, the present accused persons, Subas Ghisingh Giri & Saiyed Shahbaaz Naqvi in criminal conspiracy with others had managed to transfer/withdraw Rs.2,45,60,800/-from the above account by forging the Bank Cheques and the signature of above named Sri Panda.
Both the above noted accused persons are the part of a well organised fraud racket. Both the above accused were running a mule account being active part of the conspiracy. They had already withdrawn part of embezzled money but were nabbed before withdrawing rest amount. They used to get 15% of the amount for operating the mule account. Mastermind of the racket has been identified and efforts are own to arrest them soon. During investigation, an amount of Rs.1.15 Crores out of the fraudulent transferred amount has been located and frozen. Investigation of the case is continuing.
