Ahmedabad Bank Staffer Arrested for Embezzling ₹8.7 Crore from RBI Chest, Purchasing Assets
मुख्य बातें
- •Rajeshkumar Patel (42), a bank manager in Ahmedabad, arrested for embezzling ₹8.7 crore from RBI currency chest between June 2022 and March 2024.
- •Funds were diverted through fake entries and transferred to shell companies and personal accounts before being used to buy properties in Gujarat and Maharashtra.
- •Fraud detected during a routine RBI audit in April 2024; Patel arrested from Prahladnagar, Ahmedabad, on Wednesday.
- •Case registered under IPC sections 409, 420, and 120B; Patel confessed under financial stress; RBI and bank initiate internal reviews and disciplinary action.
Ahmedabad Police have arrested a senior bank employee for allegedly siphoning off ₹8.7 crore from a Reserve Bank of India (RBI) currency chest located in the city. The accused, identified as Rajeshkumar Patel (42), worked as a manager at a public sector bank in Ahmedabad and was responsible for handling currency operations at the RBI chest.
According to officials from the Ahmedabad City Crime Branch, Patel misused his access to the currency chest between June 2022 and March 2024, diverting large sums of money through fraudulent entries and fake withdrawal slips. Investigations revealed that the funds were transferred to multiple shell companies and personal accounts before being used for purchasing high-value properties across Gujarat and Maharashtra.
