The Central Bureau of Investigation (CBI) has arrested a man from Munger, Bihar, for his involvement in a ₹1.45 crore bank fraud case. The accused, Pankaj Singh, was taken into custody from Launa Parsa village in the Tarapur police station area by a two-member CBI team.
Fraud Committed in Goa’s Allahabad Bank Branch
Pankaj Singh is accused of committing fraud in the Goa branch of Allahabad Bank in 2018. The Mapusa ADJ Special Court in Goa had registered a case against him under several sections of the Indian Penal Code (IPC), including 120B (criminal conspiracy), 420 (cheating), 467 (forgery of valuable security), 468 (forgery for the purpose of cheating), and 471 (using forged documents as genuine).
Arrest and Legal Proceedings
Following his arrest, the CBI informed the Tarapur police station about the development. The accused was taken to Sadar Hospital for a medical examination before being presented in the ACJM First Court. Based on the court’s order, the CBI team took Pankaj Singh to Goa for further investigation and legal proceedings.
Local Authorities Cooperate with CBI
Officials from Tarapur Sub-Divisional Office (SDO) and Munger Superintendent of Police (SP) confirmed that the case belongs to Goa and that the Munger police only provided necessary cooperation to facilitate the arrest. The CBI will now proceed with further investigations into the scam.
