Udit Narayan and Swagatika Mohanty, the then manager and clerk respectively of Bank of Baroda’s Anjuna branch (both suspended) have been remanded to four days police custody.
Both the accused were arrested by the Crime Branch police on Thursday on charges of allegedly swindling depositors’ money to the tune of Rs 2.44 crore.
Both the accused were produced before a court in Mapusa on Friday and have been remanded to four days police custody. Police had sought seven days custody on the grounds that they need to recover the money and look into the aspect of illegally transferring the depositors’ money from one account in the bank to another and subsequent withdrawal.
Police on Friday raided the house of the 42-year-old Narayan in Sangolda and according to sources, some incriminating documents have been found. The documents have been attached by the police, sources informed.
The accused have been charged under cheating, misappropriation and Prevention to Corruption Act. The accused allegedly swindled money by illegally transferring the depositors’ money from one account in the bank to another and subsequent withdrawal.
Apart from these two accused, there is also alleged involvement of the head cashier Sada Gaonkar (also under suspension) informed police.
The accused were suspended after internal inquiry conducted by the bank revealed their alleged wrongdoing.
A complaint in this regard was lodged by the Deputy General Manager, Bank of Baroda. Based on the complaint and preliminary probe, the Crime Branch police registered the FIR. PI Ninad Deulkar is investigating the case under the supervision of SP Karthik Kashyap.
According to police, Narayan is the main accused who in connivance with the other accused persons swindled the deposits to tune of Rs 2.44 crore of at least 6 to 7 accountholders. The incident of the alleged fraud was reported to have occurred between March 2015 to December 2015.