KCC bank fraud: EOW arrests three accused


Bhubaneswar: The Economic Offences Wing (EOW) of Crime Branch on Monday arrested three former officials in the misappropriation of Rs 3.69 crore in Kalimela Large Sized Agricultural Multipurpose Primary Cooperative Society of Koraput Central Cooperative Bank.

The three accused have been identified as former Branch Manager Ramesh Chandra Parmanik, former Accountant Kishore Chandra Bisoi and former Cashier of the bank’s MV 79 branch Bhupendra Narayan Mohanty.

Special DG (Crime Branch) BK Sharma informed about the arrest on twitter. He also tweeted that financial irregularities worth Rs 3.69 crore was found during an audit. Further investigation to identify the other accused continues, Sharma added.

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