Police on Sunday arrested three bank officials for allegedly embezzling more than Rs 12 lakh of pension money after withdrawing the amount by fraudulent means.
The arrestees were identified as Bamaloi-based ICICI Bank manager Anirban Dey cashier Sudhir Kumar Meher; and former-cashier Prabin Bharati, who is currently working as customer relation officer at Bandhan Bank, Rairangpur branch in Mayurbhanj district.
The accused had withdrawn Rs 12,47,520 from old age pension (OAP) account of Rengali Block Office maintained at the bank through self cheques in the name of Rengali BDO by forging the signature of the official.
The BDO had lodged complaint in this regard on December 24, police sources said.
The accused had misappropriated the public fund for personal gain. Efforts are on to recover the misappropriated money, sources added.