Corporation bank officer arrested for cheque book fraud

An assistant manager with the public sector lender Corporation Bank has been arrested here for alleged involvement in the embezzlement of Rs 12 lakh from a customer's account using forged cheques.

The accused, Alok Jayant Tirki (33), issued the cheque book in the name of Manoj Agrawal, a local tiles dealer, to another person in May, Superintendent of Police (Raigarh) Satyendra Pandey said.

This person -- yet to be identified -- withdrew Rs 12.4 lakh by forging Agrawal's signature on May 26.

Police found out that Tirki had issued the cheque book and also cleared the cheques with forged signatures.
 

Police are yet to identify the person who withdrew the money. Tirki was arrested and produced before a local court last evening which sent him in judicial remand for 14 days.