Bhubaneswar, June 26: A major financial fraud has surfaced at a Bank, Digapahandi in Odisha’s Ganjam district, where a clerk has been arrested for allegedly siphoning off ₹70 lakh from customer accounts.
The accused, Priyam Pratham Sabat, had been employed at the branch since 2024. He was entrusted with crucial tasks such as ledger entries, opening new accounts, and handling fund transfers. In the absence of the branch manager, Sabat reportedly operated as the assistant manager, giving him access to sensitive banking operations.
The misappropriation of funds came to light during an internal audit. It was discovered that Sabat had allegedly transferred customer funds to unauthorised accounts without their consent or knowledge.
Following a complaint filed by the branch manager at the Digapahandi police station, an investigation was launched. Based on evidence gathered, the police arrested Sabat, triggering concern and alarm within the local banking community.
