The Special Judge for CBI Cases, Court-1, Patna, has sentenced A.K. Biswas, a former Special Assistant at UCO Bank’s Frazer Road Branch, Patna, to three years of rigorous imprisonment along with a fine of ₹6 lakh in a bank fraud case.
The CBI registered the case on January 20, 1992, against A.K. Biswas and others. Investigations revealed that between 1986 and 1989, Biswas fraudulently opened a fictitious account at UCO Bank’s Frazer Road Branch, inflated the credit balance, and later withdrew the funds fraudulently.
Further inquiry established that Biswas, who served as a Special Assistant at the bank from 1983 to 1991, embezzled ₹25,70,073 using forged and fabricated debit vouchers. He initially opened a savings bank account with a mere ₹25 deposit, which he introduced himself. Over time, he made multiple fake credit entries in the account ledger and withdrew funds using cheques and withdrawal slips written in his own handwriting.
Initially, three separate cases were registered concerning the fraud. However, since the evidence, allegations, and witnesses were common across all cases, they were later merged into a single case.
Upon completing the investigation, the CBI filed a consolidated chargesheet against A.K. Biswas, and charges were officially framed on June 22, 2006.
Following a trial, the court found Biswas guilty and sentenced him accordingly.