TaxTMI 
TaxTMI 
Bihar Police EOU arrests former branch manager in Rs 101 crore funds embezzlement case
X X X X Extracts X X X X
X X X X Extracts X X X X
....ihar Police EOU arrests former branch manager in Rs 101 crore funds embezzlement case<BR>Customs & Trade<BR>Dated:- 22-7-2025<BR>PTI<BR>Patna, Jul 22 (PTI) The Economic Offences Unit (EOU) of Bihar Po....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lice on Tuesday arrested a former branch manager of a cooperative bank and his two associates in connection with its probe into Rs 101 crore funds embezzlement case, an official statement said. Polic....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e arrested Sayeed Shahnawaz, the branch manager and his two associates—Sauqat Ali and Rajnikant-- from Patna, it said. "Investigations revealed that Sayeed Shahnawaz, along with his other associate....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s fraudulently and in collusion with other employees of the bank opened fake accounts, and deposited government funds (including employee contributions) into those by forging documents and embezzling ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....the money. He was posted in two cooperative banks, from 1998 to 2023, in Patna and Vaishali and defrauded a total of Rs 101 crore public funds," the statement issued by the EOU said. The Enforcement ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Directorate (ED) is also investigating the same case against him under the provisions of the money laundering act. Further investigation is on, it added. PTI PKD RG<BR> News - Press release - PIB....