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LATEST NEWS UPDATES | Bank officials held in NREGA fund scam

Bank officials held in NREGA fund scam

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published Published on Dec 1, 2010   modified Modified on Dec 1, 2010

Two senior bank officials and a gram panchayat member were arrested on Tuesday for alleged misappropriation of funds to the tune of Rs 30 lakh meant for NREGA in Assam’s Morigaon district, police said.

Based on a tip off, Mr Samsuddin Ahmed, branch manager of United Bank of India’s Moirabari unit, was arrested for alleged misappropriation of funds under the NREGA scheme in December last.

Another bank officer Mr Homen Chandra Bordoloi and secretary of the gram panchayat member Mr Habibur Rehman were also arrested in the case. - PTI

The Hindu Business Line, 30 November, 2010, http://www.thehindubusinessline.com/blnus/27301735.htm


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