The Sahar police Tuesday booked an executive of an international container shipping services company for allegedly duping the company of Rs 16.43 crore, with preliminary probe revealing that he utilised the money that was siphoned off in share trading, sources from the Economic Offences Wing of the Mumbai Police said. The accused, using bogus vouchers and forged documents, fudged the company’s financial records and siphoned off Rs 16.43 crore in a span of just three months. The accused, Abhishekh Mhadik, has been employed as a senior supervisor at Interasia Shipping Lines India Pvt. Ltd. for the past six years. The complainant in the case, Albert Narhona, 59, is associated with the company as a financial advisor. On August 10, while glancing through the bank statement of one of the accounts of the company, Narhona, came across a suspicious transaction worth Rs 80 lakh made on July 14 as a refund. When he obtained more details about this transaction, it was revealed that the said amount was transferred to a bank account, which is the salary account of the Treasury Department's senior supervisor, Mahadik. Narhona then scanned the bank statements of the company accounts for the past six months. He was shocked to find that Mahadik allegedly siphoned Rs 17.45 crore between May 12 and August 9. “During this period, the accused made bogus vouchers, bogus emails, tally vouchers, and other documents required for refunds and misguided seniors to siphon off money," the FIR states. “Mahadik allegedly breached the trust and misused the attorney, log-ins, and access to the company's finance system given to him for work purposes by the company and siphoned off money into at least two bank accounts,” the complainant states in his police statement. Later, Mahadik returned Rs 1.01 crore to the company's bank account. Since he failed to return the entire amount, the company has approached the police and filed a complaint. On Narhona’s complaint, the Sahar police registered a case against Mahadik, under relevant sections of the Indian Penal Code including cheating and forgery. Since the amount involved in the alleged fraud exceeds Rs 10 crore, the EOW has taken over the investigation for further probe, said a police officer.
