A major financial scam has rocked the Union Bank branch in Digapahandi, Ganjam district, where a clerk, Priyam Pratham Sabat, was arrested for allegedly embezzling Rs 70 lakh from customer accounts.
Sabat, who had been serving at the bank since 2024, handled key responsibilities such as ledger posting, new account creation, and fund transfers. During the absence of the branch manager, he often acted as the assistant manager. Authorities discovered that Sabat allegedly diverted customer funds to unauthorised accounts without their knowledge.
The shocking misuse of authority came to light following an internal audit. Acting on a formal complaint lodged by the branch manager at Digapahandi police station, law enforcement launched an investigation. After substantial evidence was gathered, police arrested the accused, sending ripples through the local banking community.
The case has raised serious concerns about oversight mechanisms in local branches and the need for more stringent financial accountability protocols.
