CID arrests 3 for Rs 173.5 crore fraud

Kolkata: The criminal investigation department (CID) arrested three officials of a nationalised bank, United Bank of India, in a case of cheating to the tune of around Rs 173.5 crore. The accused trio were Kedarnath Prusty, Manik Mohan Mishra and Prodip Kumar Gangopadhyay, said deputy inspector general of police (CID) Nishat Parvez.

They were caught from different locations in the city on Tuesday night and booked in a case at Bidhannagar police station for cheating the National Small Industries Corporation. The complaint was lodged with the police by a city-based lender of the bank on June 26. The trio have been accused of forging bank guarantee papers worth Rs 173.5 crore, according to preliminary investigation.

On Wednesday, the trio were produced before the additional chief judicial magistrate of the Bidhannagar court, who have remanded them in the 14 days’ CID custody. The CID is now interrogating them.