Team Goemkarponn
PANAJI: Rakesh Kumar, an employee of the State Bank of India (SBI), has been charged by the Crime Branch police with embezzling Rs 2.23 crore from the bank’s Panjim Treasury Branch. Kumar was the manager of SBI’s Panjim Treasury Branch’s Funds Settlement Link Office (FSLO).
The police claim that between March 2018 and June 2021, Kumar siphoned off more than Rs. 2.23 crores from the SBI Treasury Bank account, debited the bank’s general ledger (BGL) account, and moved money to his personal loan accounts and DEMAT held with IIFL Securities Limited, Mumbai.
In April 2022, Dnyaneshwar Thakre, the regional manager of North Goa, filed a complaint. This prompted an investigation that turned up evidence of account falsification and misappropriation of public monies.
In the District and Sessions Court in Panjim, a chargesheet was submitted in accordance with Sections 409 and 477-A of the Indian Penal Code and Sections 13(1)(C) and 13(2) of the Prevention of Corruption Act.
The case was investigated by PI NeenadDeulkar under the guidance of DySP Rajesh Kumar and SP (Crime Branch) Rahul Gupta, IPS.
