Man accused of withdrawing over Rs 1.84 cr of Railways nabbed

CBI on Sat arrested a man allegedly involved in fraudulent withdrawal of over Rs 1.84 crore from State Bank of India accounts of North Eastern Railways in 2008.

New Delhi: CBI on Saturday arrested a man allegedly involved in fraudulent withdrawal of over Rs 1.84 crore from State Bank of India accounts of North Eastern Railways in
2008.

Rakesh Kumar Mishra, alias Ladoo Baba, was apprehended as a non-bailable warrant was issued against him by a Lucknow court. Mishra was produced before the court of Additional Chief Metropolitan Magistrate Sunil Chaudhary who allowed a plea of CBI to take him into custody remand to again produce him on September 20 in the court of Special Judge in Lucknow where the matter is pending.
CBI has registered a case on October 10, 2008, on a complaint received from G P Prabhakar, senior officer with North Eastern Railways, Gorakhpur alleging a sum of over Rs 1.84 crore were withdrawan fraudulently.

It was alleged a cheque book containing 100 cheques drawn on State Bank of India, Government Branch, were issued. 19 cheques were encashed to the sum by the payees who were not issued the cheques. It was claimed that original cheques were issued to different persons.

CBI had filed a chargesheet in the matter on August seven, 2009, against Mishra and other accused and the court had taken a cognisance of it on August 13. Mishra, who was granted bail in the case with other accused, stopped appearing in the court prompting it to issue non-bailable warrant against him.

PTI

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