📷 Image: Wikimedia Commons / Akash Kumer- AKD
Crime
Gopalganj Co‑operative Bank Bhor Branch Hit by Rs 2.98 crore Embezzlement; Three Staff Sacked, Four Demoted
✍️ Amar Ujala · Bihar
🗓 12 Oct 2026, 09:31 PM
👁 14
The Central Co‑operative Bank’s Bhor branch in Gopalganj, Bihar, uncovered a Rs 2.98 crore fraud, prompting the board to terminate three employees and demote four others.
A financial irregularity amounting to Rs 2.98 crore was detected at the Bhor branch of the Central Co‑operative Bank in Gopalganj, Bihar. Preliminary investigations indicated that the misappropriation involved bank staff who had access to the branch’s accounts.
Following the discovery, the bank’s board of directors convened an emergency meeting and decided to terminate the services of three employees who were found to be directly involved in the fraud. In addition, four other staff members were demoted as part of the disciplinary action.
The board’s swift response aims to restore confidence among depositors and regulators, while a detailed police investigation continues to trace the full extent of the embezzlement.
Following the discovery, the bank’s board of directors convened an emergency meeting and decided to terminate the services of three employees who were found to be directly involved in the fraud. In addition, four other staff members were demoted as part of the disciplinary action.
The board’s swift response aims to restore confidence among depositors and regulators, while a detailed police investigation continues to trace the full extent of the embezzlement.