CBI conducted raids at five locations related to Rs 2.92 crore fraud in State Bank of India
A team from the Central Bureau of Investigation (CBI) conducted a series of raids in Sahibganj district’s Barhet area on Thursday, targeting an old banking fraud case. The nine-member CBI team targeted five locations in Barhet, including two Common Service Centres (CSC) affiliated with the State Bank of India (SBI) and residences of the operators. The raids are part of an investigation into a bank fraud allegedly perpetrated by a branch manager of SBI while posted at various locations in Sahibganj and Dumka districts.
The focus of the inquiry is Manoj Kumar, the branch manager, who reportedly engaged in fraudulent activities during his tenure at the Shikaripara (Dumka) branch of SBI from August 2018 to September 2020. During this period, he is accused of manipulating customer accounts, resulting in a fraud amounting to Rs 2.92 crore.
The investigation, initially managed by the SBI, was later handed over to the CBI. Subsequent scrutiny revealed that Kumar had committed fraud worth Rs 2.48 crore during his postings at other locations.
Mukti Lakda, the branch manager of SBI’s Barhet branch, provided insight into the ongoing investigation, stating, “The CBI officials conducted searches in some of our common service centres related to a banking fraud in different SBI branches of Sahibganj district during 2014-18.”
The way Bank officials attend customers is a big question due to various schemes related to insurance, various types of loans offered etc. In case of SBI they have large number of A/c holders who have problems with bank app, online transactions & other loan related problems, which are attended in a very manipulative way, the customers are asked to visit branch multiple times due to bank officials engagement in big scapegoats work. The vigilance is weak, pay scales are high, Quest/lust for more earnings higher than ability.
Example of fence eating the crops