BoM manager, aide booked for Rs. 2.5 crore fraud by CBI

Mubarak Ansari
Saturday, 30 June 2018

Pune: The Central Bureau of Investigation’s (CBI) Anti-Corruption Branch, Pune, on Thursday, booked a branch manager of Bank of Maharashtra (BoM) and another person for allegedly misappropriating Rs 2.5 crore. The incident took place between 2009 and 2017.

The accused have been identified as manager Shaliwahan Mukund Solegaonkar, a resident of Paud Road, and Rakesh Chandrakant Jadhav, a resident of Adarshnagar, Birwadi, in Mahad taluka of Raigad.

Pune: The Central Bureau of Investigation’s (CBI) Anti-Corruption Branch, Pune, on Thursday, booked a branch manager of Bank of Maharashtra (BoM) and another person for allegedly misappropriating Rs 2.5 crore. The incident took place between 2009 and 2017.

The accused have been identified as manager Shaliwahan Mukund Solegaonkar, a resident of Paud Road, and Rakesh Chandrakant Jadhav, a resident of Adarshnagar, Birwadi, in Mahad taluka of Raigad.

According to CBI, Solegaonkar, while posted and functioning as branch manager at different branches of Bank of Maharashtra in Pune, i.e., Sahakar Nagar, Hadapsar, Lavale, Lasurne and Talegaon Dhabhade, entered into criminal conspiracy with Jadhav and other unknown persons. 

He had fraudulently and by abusing his official position misappropriated a total amount of Rs 2.56 crore by making fraudulent entries and illegally debiting amounts from the branch general ledger accounts and crediting the same into the account of Jadhav, maintained at Sahakar Nagar branch and subsequently transferring the same to his personal accounts maintained at Sahakar Nagar Branch and Vadgaon Budruk branch.
CBI officials said that the introduction at the time of opening the account was given by Solegaonkar himself and even the address of Solegaonkar was given in the account opening form as the present address of Jadhav. Inspector Sheetal Arun Shendge is further investigating the case. 

The accused persons have been charged for offences under sections 120b (criminal conspiracy), 409 (criminal breach of trust by public servant or banker) of the Indian Penal Code (IPC) and relevant sections of the Prevention of Corruption Act.

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