Nearly 24 persons, including former manager of a bank and son of an ex-MLA from Thane district, have been booked for allegedly misappropriating bank money to the tune of Rs 3.14 crore, police said on Friday. The former manager of a nationalised bank, in connivance with others, allegedly broke some fixed deposits from among the provident fund accounts of employees of Kalyan Dombivili Municipal Corporation to the tune of Rs 2.82 crore without the civic body’s permission, they said.
He then allegedly diverted the sum and another Rs 72 lakhs of the corporation to another account of the bank, in violation of the bank regulations, to favour some businessmen and builders, police said.
The alleged fraud took place in connivance with the beneficiaries between September 2015 and June 2016.
Based on a complaint of a bank officer, an offence was yesterday registered against all the accused under sections IPC sections 409 (criminal breach of trust by public servant, or by banker, merchant or agent), 468 (forgery for purpose of cheating), 471 (using as genuine a forged [document or electronic record]) and 34 (acts done by several persons in furtherance of common intention) and also relevant provisions of the IT Act with Khadakpada police under Kalyan zone.
No arrest has been made so far in connection with the case, police added.