CBI raids home, office of Axis bank staffer, seizes ‘incriminating evidence’

Sinha, of the bank’s Burrabazar branch, with two others — Sanjay Jain and Manoj Kumar Mondal alias Manoj Gupta — was Thursday sent to police custody by a court for allegedly depositing Rs 7 crore through bogus companies.

Kolkata | Published: December 10, 2016 4:10 am
axis bank, axis bank money laundering, axis bank raids, axis bank money laundering, axis bank raids, kolkata axis bank raids, kolkata axis bank money laundering, demonetisation, demonetisation axis bank, india news Meanwhile, the Axis Bank on Friday said it is committed to following highest standards of corporate governance. (Representational)

A day after the deputy manager of an Axis Bank branch in Kolkata was arrested for allegedly converting black money into white through bogus company accounts, the CBI Friday said it found incriminating evidence against Amitesh Sinha during raids at his residence and office.

Sinha, of the bank’s Burrabazar branch, with two others — Sanjay Jain and Manoj Kumar Mondal alias Manoj Gupta — was Thursday sent to police custody by a court for allegedly depositing Rs 7 crore through bogus companies.

“We have seized several documents, some where Sinha’s had practiced how to forge signatures… He was helping the two others in clearing documents,” said an official. “We suspect the involvement of more people. They had opened several bogus companies…Sinha took care of all required documents and forged signatures,” he added.

Meanwhile, the Axis Bank on Friday said it is committed to following highest standards of corporate governance and has zero tolerance towards any deviation on the part of any of its employees from the model code of conduct.

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