JAIPUR: Three employees, including the branch manager of Cuttack Central Cooperative Bank, Rasulpur branch in Jajpur, were suspended on Saturday for fraud in granting loan. Sources said while the loan was not sanctioned to the person who had applied for it, the loan amount was provided in another person’s name by forging documents. Sridhar Pati of Gandhan village had applied for a loan of ` 50,000 under Swarna Jayanti Swarojgar Yojana (SJSY) from the bank in 2009. But the loan was disbursed in the name of another person by the staff. Pati came to know of the fraud only after he received recovery notice about repayment of ` 62,637 from the bank branch in March. He filed a complaint in the Rasulpur branch in the same month. However, as there was no response he approached the Bhubaneswar-based Cooperative Department Commissioner Mona Sharma for justice. Last month, the Commissioner directed the bank authorities to investigate the matter. “Basing on the inquiry report, we found involvement of three officials in the fraud including the branch manager,” said Bank president Ashok Kumar Ojha. It was found that the officials had forged the documents in the name of Pati and embezzled ` 50,000 by creating a fake account. The suspended staff are former Rasulpur branch manager Padmalochan Das, accountant Biswanath Parida and supervisor Kamaksha Kinkar Mohanty. Padmalochan Das is presently the manager of the Jajpur town branch, while K K Mohanty is supervisor of the Jajpur Road branch. Biswanath Parida is an accountant of the Rasulpur branch.
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