The Assistant Manager of a grameen bank Rajkaran Paswan was arrested from his house last night for alleged misappropriation of Rs 1.5 crore meant for payment of loan to the beneficiaries under Kisan Credit Cards (KCC).
Paswan had fraudulently withdrawn the fund from another rural bank named Madhya Bihar Grameen Bank branch recently. The bank manager Satish Chandra, Kashichak's Sub-Divisional Officer (SDO) Sudhir Kumar and one Sanjay Yadav were named as other accused in the FIR lodged by the authorities of the two banks.
The Narhat Sub-Division's AEO Anup Kumar was arrested for alleged fraudulent withdrawal of Rs 3.6 lakh from government accounts in his capacity as Panchayat Secretary of Babhnaur panchayat in the name of construction of panchayat building in 2008, police said.
Kumar was arrested on the basis of an FIR lodged by the then Babhnaur panchayat Mukhiya Lakhminia Devi, police said.