Almost Rs 70 lakh was fraudulently withdrawn from the college's bank account
Almost Rs 70 lakh was fraudulently withdrawn from the college's bank account
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Sonepur: In Odisha's Subarnapur district, more than Rs 70 lakh was fraudulently withdrawn from a college's bank account.
The officials of Sonepur Mahavidyalay, according to sources, have a running account with Bank of Baroda's Sonepur branch for various financial operations. When college administrators went to the bank on Friday to update the account, they discovered an unlawful withdrawal.
After checking with bank officials, it was discovered that someone had submitted a fraudulent college check and taken Rs 70,42,900. The check was processed through a real-time gross settlement (RTGS) to allow for a quick withdrawal of the funds. The money was taken from a state government account.
The event prompted the college's principal, Rajib Lochan Acharya, to file a complaint with the Sonepur police station. On Friday night, the police questioned the staff of the bank's branch in response to the complaint.
When contacted, Sonepur district SP Amaresh Panda stated that the inquiry into the case was ongoing and that the facts will be revealed after it was done. He did promise, though, that they would find the perpetrator of the fraud as soon as possible.
