Case registered against eight in Industrial Co-Operative bank fraud case

A case has been registered in the Pan Bazar Police Station against eight top-level personnel of the Industrial Co-Operative Bank Limited situated at Pan Bazar here.

STAFF REPORTER

GUWAHATI: A case has been registered in the Pan Bazar Police Station against eight top-level personnel of the Industrial Co-Operative Bank Limited situated at Pan Bazar here.

Police sources informed that the FIR (First Information Report) was filed, on September 15, by Bhadreswar Barman, president of the NGO (Non-Government Organisation) — Nagarik Suraksha Mancha, Assam. The complainant alleged in the FIR that the eight persons resorted to "huge financial misappropriation and forgery" in the bank amounting to Rs 9,50,61,499.

The complainant has alleged the involvement of the Bank's Managing Director (MD), two Advisers to the MD, three Directors, the Chairman and also the Vice-Chairman.

Police have started an investigation into the case (489/2021 u/s 120 (B)/408/409/468/471 IPC)

Also read: Three Hackers Arrested In Assam's Golaghat For Fraudulent Money Transactions

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