CB produces challan against ex-Manager UCO Bank

Excelsior Correspondent
JAMMU, Dec 27: Crime Branch today produced challan against Subash Chander Dutta, the then Branch Manager of UCO Bank, Digiana in the Court of Special Judge Anti Corruption for indulging in misuse of official position and cheating.
According to the Crime Branch case, A J Patel, Zonal Manager, UCO Bank, Zonal Office, 5- Parliament Street, New Delhi lodged a complaint alleging therein that S C Dutta, ex-Manager, UCO Bank, Digiana Branch took the delivery of one blank FDR from Transport Nagar Branch of UCO Bank against proper receipt.
Out of this book, eleven FDRs signed by Rajinder Koul (now expired) as Assistant Manager and S C Dutta as Manager (now retired) for an amount of Rs. 2,30,000 were issued in favour of Kamla Sharma by the accused Branch Manager.
Similarly, another FDR book containing 100 leaves was obtained by Subash Chander Dutta from Katra Branch of UCO Bank and out of this book, nine FDRs with a basic investment of Rs 2.52 lakh were also issued by the accused Subash Chander Dutta on the name of Kamla Sharma and Amit Sharma. All these FDRs were renewed from time to time.
It was in the year 2009 when the investor Kamla Sharma approached the bank for encashment of the FDRs through her son R K Sharma it came to fore that these FDRs had not been issued officially by the bank as the same were not entered in the relevant bank records.
Accordingly, an enquiry was initiated and on the basis of enquiry report a formal case was registered. During the course of investigation, the offences under different Sections of RPC and Prevention of Corruption Act established against the accused Subash Chander Dutta, who has been challaned in the court of law for judicial determination.