Home » Axis Bank Employees Arrested for Embezzling ₹14.62 Lakh in Wokha

Axis Bank Employees Arrested for Embezzling ₹14.62 Lakh in Wokha

Two accused a cashier and an assistant managercharged with embezzling school fees

by Ananya Mehta

Wokha police have arrested two individuals in connection with the embezzlement ofRs14.62 lakh from the Don Bosco Higher Secondary School Wokha. The accused, Lochumbeni Erui, a Cashier, and Tungdemo Murry, an Assistant Sales Manager at Axis Bank, Wokha, were charged with financial misconduct after the matter was brought to light by a complaint from the bank.

The complaint, lodged by Gaijinlung Kamai, Branch Head of Axis Bank Wokha, revealed that the two employees had embezzled funds from the school’s account, which was maintained for collecting school fees. The account had been in operation since January 8, 2023, and it was during this period that the alleged embezzlement took place.

According to the police report, both accused had resigned from their positions after the incident came to light. Tungdemo Murry was residing in Dimapur, while Lochumbeni Erui was in Delhi at the time of their arrest.

Preliminary investigations revealed that the accused had embezzled the funds without the knowledge of their superiors. Furthermore, the police discovered that the two had confessed to their involvement in the crime through a letter submitted to the former Bank Head, Kahuto Achumi, where they admitted to their role in the school fee fraud.

Following the findings, the police registered a case under various sections of the Indian Penal Code (IPC), including those related to embezzlement and financial misconduct. The case is currently under investigation, with authorities looking into further details and potential involvement of other parties.

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