Guwahati: In what may expose the ongoing affairs in the banking sector, the Assam police on Monday arrested a deputy manager of IndusInd Bank in Guwahati from Noida for misappropriating over Rs 3.5 crore from the bank accounts of depositors.
Guwahati police commissioner Hiren Nath said, “After tracking down movement of Olivia Dutta Choudhury, deputy manager of IndusInd Bank in a resort in Nainital in Uttarkhand, we chased her and finally arrested her somewhere near Noida.” Informing that police team has succeeded in recovering about Rs 30 lakh in cash from her possession, the police commissioner said that she would be produced before the court in Noida to secure a transit remand to bring her back to Guwahati.” Pointing out that Ms Olivia, who was serving as deputy manager in the IndusInd Bank of Paltanbazar in Guwahati, had left Guwahati with Rs 40 lakh in cash, Mr Nath said that she claimed to have dumped one of the bags containing Rs 10 lakh at Guwahati Railway Station fearing the scanner machine.
She is accused to have transferred over Rs 3.5 crore of depositors fraudulently to various fictitious accounts, the police said, adding that in her initial confession, she claimed that she has transferred these money of depositors to various insurance companies and mutual funds to secure her promotion in the bank. Earlier, the police arrested her husband, Shankar Sinha, in connection with the case. The police said that they are going to investigate the case in depth.
Some bankers said that bank executives are forced to bring investment and given assignment to achieve target to protect their jobs and in order to do so such immoral practices are becoming very common in the banking sector.
