Millennium Post

Man arrested after 14 years

The CBI arrested a man 14 years after a complaint was lodged against him and others for cheating a Central Bank of India branch here causing a loss of Rs1.40 crore, an official said Tuesday.

Vikash Srivastava of Lucknow was arrested 11 January from Delhi by Central Bureau of Investigation (CBI) sleuths and was later sent to judicial custody by Delhi’s Tis Hazari court.

On a complaint received from Delhi’s Patel Nagar Central Bank of India branch, a case was registered on 31 July 1998. Srivastava, along with officials of the branch, obtained an overdraft limit in 1998-99 against forged Kisan Vikas Patras and cheated the bank of the money. He forged 3,498 Kisan Vikas Patras worth nearly Rs 2 crore, purportedly issued from Armapur Post Office in Uttar Pradesh’s Kanpur, and later encashed some of them for Rs 1.40 crore with the help of the bank officials. After a probe, a chargesheet was filed against 13 accused, including the then branch manager and assistant manager of the bank.
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