The Bidhannagar Police arrested the manager of a nationalised bank from East Godabari in Andhra Pradesh on Thursday on charges of siphoning off money and keeping it in bank accounts that he used to open against documents of different people.
Police said the accused, Madhusudan Grandhi (41), was earlier posted as manager of the Rajarhat branch of a nationalised bank. During his posting in Rajarhat, he had opened bank accounts in the name of one Santosh Sharma and deposited Rs 7.06 lakh.
On February 2, Sharma received a communiqué from the Income Tax department that he has to link the said bank account with his PAN number. He was astonished to know that he was having a bank account with that bank and enquired further. He was surprised to see that there was Rs 7.06 lakh in the account in his name though he had never opened it. Finding it suspicious, he went to the police and lodged a complaint. The police later discovered that the bank manager, who was recently posted in Navi Mumbai, used to siphon off money and keep the same by opening accounts of different persons of the same branch where he used to remain posted.