Home CRIME Ex employee arrested by Odisha EOW for defrauding company of Rs 30...

Ex employee arrested by Odisha EOW for defrauding company of Rs 30 cr

0
SHARE

Reported by Santosh Jagdev

Bhubaneswar, Jan 11:

The Economic Offences Wing (EOW) of the Crime Branch (CB) of Odisha police today arrested a former Deputy Vice-president of Karam Chand Thapar and Brothers Ltd, a coal transport company, for cheating and misappropriating the company to the tune of Rs 30 crores in connivance with others during his service.

Rakesh Chopra (in black jacket) who was arrested by EOW for cheating his former company for Rs 30 crores (Pic: Biswaranjan Mishra)
Rakesh Chopra (in black jacket) who was arrested by EOW for cheating his former company for Rs 30 crores
(Pic: Biswaranjan Mishra)

The accused was identified as Rakesh Chopra, a resident of Plot number-1806, Chitaranjan Park, New Delhi.

Initially, a case (No 110.2014) was registered on the written report of Amit Kumar Choudhury, manager of the Paradeep branch of the company, at Paradeep police station last year. Later the case was transferred to the EOW, which registered a case on July 7 last year, DIG CB Sanjay Kumar said

In his complaint, Choudhury had alleged that Rakesh had cheated and misappropriated company funds to the tune of Rs 30 crores by forging the bank account maintained in Oriental Bank of Commerce of Paradeep branch while he was in charge of the Paradeep branch. He had later diverted the company funds to his own company namely M/s Avisons Works Pvt Ltd and M/s SK Associates Ltd, which operated from West Bengal.

After registering a case, EOW took over the investigation of the case and arrested Rakesh on the basis of prima facie evidence. He was forwarded to a court in Kujanga in Jagatsinghpur district.

“We arrested Rakesh from Biju Patnaik airport here last evening while he was waiting for a flight to New Delhi. Further investigation is on ascertain other person involvement,” the DIG said.