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Ex-Central Bank Manager Arrested
📷 Image: Wikimedia Commons / President's Secretariat
Crime

Ex-Central Bank Manager Arrested

✍️ India Today NE 🗓 24 Jul 2026, 09:18 PM 👁 7

A former Central Bank manager has been arrested in a fraud case involving government subsidy schemes in Arunachal. The fraud amount is over Rs 4 crore.

A significant arrest has been made in Arunachal related to a fraud case involving government subsidy schemes. The individual arrested is a former manager of the Central Bank. The fraud amount totals over Rs 4 crore, indicating a substantial breach of trust and misuse of government funds. This case highlights the need for stringent oversight and accountability in the management of government subsidy schemes to prevent such large-scale frauds. The arrest is a step towards bringing those responsible to justice and recovering the misappropriated funds.
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