Fraud Case Filed against 3 Officers of Bank of Baroda

Hardoi: Court has ordered Police to register a case against two managers and a deputy manager of Bank of Baroda’s Shahabad branch. They are accused of forgery and fraud.

The complaint was filed by Kafilyaar Khan, a resident of Alhapur in Shahabad. He approached court citing fraud in Shahabad branch of Bank of Baroda. In 2011, the then branch manager Manuranjan Gogoi approached him and suggested him to take a loan.

Kafilyaar eventually received a loan of ₹10 lakh and used it for his business. Later, the branch manager opened a fixed deposit (FD) of ₹1 lakh in his name. However, when Kafilyaar’s business suffered losses, he was unable to pay the loan installments, and his account was declared an NPA (non-performing asset).

The manager then called him for loan settlement. During this process, ₹1.5 lakh was deposited into the NPA account, and later loan was settled at ₹4,06,000. A settlement letter was also issued to him.

After some time, he discovered that the FD of ₹1 lakh was fake. On further inquiry, it was found that the loan account was still active, despite the settlement. He received several notices from Bank. When he visited the bank with the settlement letter and the FD receipt, he was informed that both were fake.

In addition to Manuranjan Gogoi, former branch manager Varun Goyal and deputy branch manager Hemant Malhotra were also accused of being involved in the fraud. When the police did not initially register the case, the complainant approached the court. Following the court’s order, Shahabad Kotwal Umesh Tripathi confirmed that the report has now been filed, and more details will be released soon.