The accused, Ashok Vitthal Nachankar, worked as a store-keeper with the PWD in South Ratnagiri division.
He submitted bills of "ghost" companies showing procurement of material for various works and got them sanctioned from the department, ACB's Deputy Superintendent of Police Virag Parkar said in a statement issued here.
The accused, arrested by the ACB from Ratnagiri, has been charged under sections 465 (forgery), 467, 471 and 409 (criminal breach of trust by public servant) of the IPC and relevant sections of the Prevention of Corruption Act, he said.