Bank of India Jamshedpur Branch Files Complaint Over Rs. 10 Crore Scandal

Bank of India in Kadma Uliyan, Jamshedpur registers complaint concerning a Rs. 10 crore scandal, two employees suspended and under investigation.

JAMSHEDPUR – The Bank of India branch in Kadma Uliyan, Jamshedpur, has filed a formal complaint related to an alleged Rs. 10 crore scandal that has now triggered action.

The branch manager at the Bank of India in Bistupur, Satyaprakash, lodged a police complaint against several individuals, including Dheeraj Kumar Jha, Nitish Kumar, and the account owners Manish Kumar Singh, Shivlok Mishra, Ravikant Sinha, Pratima Kumari, Ajay Kumar, Ritu Devi, Deepa Sinha, and Pooja Singh.

Reports indicate that the bank’s previous manager created considerable chaos in this case. Dheeraj Kumar Jha, the former manager of the Bank of India, and Nitish Kumar, residents of Jemco in Telco, are now subjects of a police investigation for allegedly misappropriating Rs. 9.24 crores from the bank.

The bank has since suspended Dheeraj Kumar Jha and Nitish Kumar.

As per the police sources, the two bank officials are accused of allegedly channeling the funds from fixed deposits into the accounts of 35 individuals.

In response, the bank’s management filed an FIR and a full-scale investigation is currently in progress.