Pravat Kumar Jena, ex-Field Officer, Odisha State Cooperative Bank (OSCB) Main Branch, Bhubaneswar, and Pratap Gouda, Senior Stenographer, Office of the Chief Engineer Drainage Zobra, Cuttack, were arrested by Vigilance police and forwarded to Court of Special Judge, Vigilance, Bhubaneswar, which remanded them to custardy till January 4 next.
The case was registered on the allegation of cheating the bank by forging the documents and providing loans amounting to Rs 45,25,000 to ineligible persons.
The bank has introduced special house building loan for employees of Government and PSUs, for which an employee has to furnish an undertaking of the Drawing Disbursing Officer with personal guarantor and documents, etc.
Rabindra Kumr Jena, ex-Establishment Officer in the office of the Engineer-in-Chief, Cuttack, during his incumbency as such in the year 2009 had recommended the applications of 12 persons including his application to the bank for submission of loan impersonating himself as the DDO in the office of the EIC, Drainge, Gandarpur, Cuttack.
Rabindra Jena in connivance with Pravat Kumar Jena, ex-Field Officer of OSCB Main Branch, Bhubaneswar, had got the loan sanctioned and disbursed. The bank did not recover the loan amount because the loanees had given their false identities and residential addresses.