Bhubaneswar: Economic Offences Wing, Bhubaneswar on Friday arrested one accused B. Murty Pillai of Rourkela in a cheque cloned case of Rs 2.87 crore.
He was forwarded to the Court of SDJM, Panposh, Rourkela.
A case was registered on the written complaint of Anjani Kumar Singh Azad, Chief Manager of Bank of India, Rourkela Branch.
It is alleged that, accused, B. Murty Pillai, a customer of Bank of India, Rourkela Branch by using a cloned cheque as original has managed to avail Rs. 2.87 crores from the bank and diverted the same for his personal use.
During the investigation, it is ascertained that the accused is having a Cash Credit account at Bank of India (BOI), Rourkela Branch. On November 3 last year he has deposited a Bank of India cheque for Rs. 2.87 crores, purportedly issued from the Account of Karnataka State Co-operative Marketing Federation Limited (KSCMFL) in that account, said a statement.
The said cheque was cleared by the branch officials and deposited in the above mentioned Cash Credit account of accused. However, later, on November 20, BOI, Bangalore LCB branch intimated that the original Cheque No. 383054 is in the possession of its owner, Karnataka State Co-operative Marketing Federation. As such, the cheque passed at BOI, Rourkela Branch is a fake one.
It has also been revealed during investigation that soon after clearing of the fake cheque and deposit of Rs. 2.87 crores in his account, accused B. Murty Pillai on the same day i.e. on 03.11.2020, has transferred Rs. 2.6 crores to the accounts of his own Company namely, BMP & Sons Construction Pvt. Ltd. maintained with ICICI Bank and Bank of India, Civil Township Branch, Rourkela.
Subsequently, during the period between 03.11.2020 to 06.11.20, the rest amount (approx. 23 lakhs) was transferred in fractions by said accused, B. Murty Pillai to the accounts of his close relatives and his own loan account including cash withdrawal of Rs. 5 lakhs, the statement said.