Dimapur, May 27 : An official of Vijaya Bank’s Kohima branch has been arrested on charges of fraud.
The Kohima police issued a press release on Friday informing of the event.
The police have arrested 30-year-old Gainilungpu Solomon L, the assistant branch manager of the bank in connection to the case.
The police said that the chief manager of said bank had lodged a complaint with the authorities on April 26 concerning fraudulent transactions against a term deposit account.
The police elaborated the case: “Initially, loan of Rs. 80 lakhs against a fixed deposit of Rs. 1.5 crore was taken by a firm. However, on 02/01/2015, the fixed deposit was withdrawn without recovering/closing the loan account. During verification by the bank officials, it was found out that the officials/staff of the bank lien the loan amount against the security of another fixed deposit of another person without his consent or knowledge.”
The accused was informed to be a resident of Haralu Colony of Burma Camp in Dimapur.
