In Jagatsinghpur, a former cashier of the State Bank of India (SBI) has been arrested after evading capture for five years. Santosh Kumar Mallick, who used to work at the SBI Naugaon branch, allegedly embezzled a staggering Rs 62.25 lakh from depositors.
Mallick, a resident of Sariabarpatana, served as a cashier at the Naugaon branch from 2015 to 2018. During his tenure, he reportedly misappropriated Rs 41.95 lakh from 51 depositors through the bank’s core banking system. Additionally, he defrauded 19 people out of Rs 19.30 lakh through fake fixed deposits.
The scam came to light when Krushna Chandra Mohanty, who had invested Rs 4.5 lakh in a fixed deposit in 2018, found his account empty during a verification in 2019. On checking, Mohanty discovered that the documents related to his fixed deposit were forged. Distressed, he reported the issue to the branch manager, Nagendra Kumar Bhol.
Following an internal inquiry by the bank, the misappropriation of funds was confirmed. An FIR was lodged at the Naugaon police station. Realizing the gravity of his actions, Mallick fled his village to avoid arrest.
However, on Saturday, a police team led by Inspector In-Charge Sanghamitra Nayak managed to locate and arrest Mallick. He was subsequently produced in court.
STATE BANK OF INDIA IS MOST REPUTED BANK IN INDIA AND EVEN THOUGH THIS FRAUDULENT BY CASHIER IS BIG MISTAKE OF SBI