Jamshedpur, Dec 22: Sleuths from CID Kolhan range of Jharkhand on Tuesday arrested Jharkhand State Cooperative Bank assistant general manager (account) Sandeep Sen from his relative house in in Kharagpur.
Sandeep Sen was wanted in connection with the Rs 4.14 crore scam carried out in Seraikela Kharswan (a district in Jharkhand) branch of the bank between 2011 and 2016.
According to sources in CID Jharkhand, a team led by CID Kolhan DSP Animesh Gupta were trying to trace the suspended bank official and had raided locations in Bokaro and Ranchi too earlier this month and finally managed to nab him this evening from Kharagpur where he was staying in his brother-in-law’s house.
Significantly, Jharkhand police had lodged three separate FIRS in 2019 after discovering that the then manager of Saraikela-Kharsawan branch of Jharkhand State Cooperative Bank Limited, Sunil Kumar Sathpathi in connivance with some private persons and bank officials had sanctioned loan worth around 38 crore during 2011 and 2016. Later on the loan amount turned NPA incurring heavy loss to the bank which still doesn’t have robust financial condition to afford such loss. Sandeep Sen is accused of colluding with Sathpathi and other senior officials in the scam.
The case was handed over to CID in May this year.
According to a communique issued by CID Jharkhand, Sandep Sen along with other officials had caused a financial loss of Rs 4.14 crore to the bank and based on documents and technical evidences the CID will be lodging a complaint soon.
So far, a Seraikela-based trader Sanjay Kumar Dalmia, Sunil Kumar Satpathi, Mansa Ram Mahto (then cashier), Madan Lal Prajapati (assistant clerk), Kaushal Kishore Sinha (partner of Sanjay Kumar Dalmia), Vijay Singh and Sandeep Sen have been arrested.
CID is investigating into three cases of fraudulent practices adopted in sanctioning of loans worth Rs 38 crore, Rs 4.14 crore and Rs 2.5 crore and failure to realise it. Sandeep Sen is an accused in Rs 4.14 crore case.
