Shimla East police have filed a case of criminal breach of trust against Ankit Rathore, a senior manager at a public sector bank branch in Kasumpati, for allegedly embezzling Rs3.70 crore from a client’s account.
The FIR, registered under section 316(5) of the Bharatiya Nyaya Sanhita (BNS), was lodged following a complaint by the bank’s deputy regional manager, Rajesh Kumar Gaba. According to the complaint, unauthorized transfers totaling Rs3.70 crore were made on August 22 and 27 from the account of the secretary of the Agricultural Produce Market Committee (Shimla and Kinnaur) to the account of a person named Kalu Devi. The funds were subsequently withdrawn through multiple accounts and cash transactions.
Following discovery of the fraud, the bank ordered an internal inquiry. During the probe, Rathore reportedly confessed in a written statement on September 7, admitting he committed the embezzlement for personal gains with the help of unknown accomplices.
Police are interrogating Rathore to uncover the full extent of the fraud. Authorities have frozen the relevant bank account, with Rs90.95 lakh of the embezzled amount still intact.
