Bokaro Treasury Scam Amount Crosses Rs 6 Crore

Probe Reveals Rising Fraud Linked to Fake Withdrawals

Key Points:

• Scam amount rises beyond Rs 6 crore during probe
• Fake withdrawals linked to multiple named individuals
• Administration assures strict action under zero tolerance

BOKARO – A treasury scam in Bokaro has crossed Rs 6 crore as investigation continues to reveal larger financial irregularities.

The alleged fraud amount has steadily increased during the probe. Initially, it stood at Rs 3.15 crore.

However, it later rose to Rs 4.29 crore. Meanwhile, recent findings indicate it has crossed Rs 6 crore.

Officials said the investigation is still ongoing. Moreover, further increases in the amount remain possible.

According to authorities, illegal withdrawals were made from the treasury. These transactions reportedly occurred through a police department accountant.

The case has been under investigation since 2016. Meanwhile, new evidence continues to emerge.

Deputy Commissioner Ajay Nath Jha confirmed the updated figures. He stated that earlier estimates were significantly lower.

However, recent scrutiny revealed additional fraudulent entries. Moreover, these point to deeper financial misconduct.

Several individuals have been named in the initial findings. These include Ram Naresh Singh, Upendra Singh, and S Kumar.

Authorities believe fake withdrawals were conducted using their names. Meanwhile, more names could surface during further checks.

A four-member district-level team has been formed. It is led by the Deputy Development Commissioner.

Meanwhile, a separate state-level probe is also underway. Both teams are examining records thoroughly.

Officials described the matter as extremely serious. Moreover, strict action is expected against those involved.

The administration has adopted a zero tolerance policy. It aims to ensure accountability and transparency.

DC Jha urged the public to trust the investigation process. He said findings will be made public after completion.

Meanwhile, he assured that no accused will be spared. Legal action will be taken against all guilty individuals.

The case has drawn attention across Bokaro. Moreover, it highlights concerns over financial monitoring systems.