Banker from Assam held over `3.5 crore fraud
Guwahati: The Assam police arrested a deputy manager of IndusInd Bank in Noida on Monday. The police said that `30 lakh in cash was recovered from the bank employee’s possession. Olivia Dutta Choudhury, who is accused of misappropriating `3.5 crore from the accounts of depositors in the bank’s Guwahati branch, will be produced before court in Noida to secure a transit remand to take her back to 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 `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 `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 `40 lakh in cash, Mr Nath said that she claimed to have dumped one of the bags containing `10 lakh at Guwahati Railway Station fearing the scanner machine.
She is accused to have transferred over `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.