MP: Bank manager scripts fraud to fuel MLA dream

  • Anuraag Singh, Hindustan Times, Bhopal
  • Updated: Aug 11, 2016 11:38 IST

Lucre was a must for Ram Krishna Mishra to realise his dream of becoming a lawmaker. So Mishra oversaw a Rs 16 crore-plus fraud at a cooperative bank in Rewa district for nearly two years until his luck ran out in 2015.

The Criminal Investigation Department found Mishra, the bank’s branch manager, siphoned off the huge sum between March 2013 and February 2015 from the Dabhaura branch’s sundry and adjustment accounts to fund his dream.

The revelations came to fore after CID officers interrogated Sujit Singh Barkhade (then sub divisional officer police of Dabahuara) and Arun Singh Baghel (then Panwar police station in-charge). The two officers are in central jail for allegedly stashing cash and jewellery worth Rs 70 lakh seized from Mishra’s house. Barkhade and Baghel surrendered in a court on August 2, after remaining underground for over nine months.

Sources in CID said the duo revealed that Mishra’s first target was to succeed former Gurh (Rewa) BJP MLA Nagendra Singh’s son Dushyant Singh as the head of district cooperative bank in Rewa and then contest assembly polls in 2018 from Sirmaur.

‘Splurged money on people of his village’

“He splurged money on people of his village and often held an open court to hear their grievances and fund their needs. This exercise was for building a loyal base of workers, which was essential to fetch him a poll ticket from any of the major political parties,” a CID officer told HT.

Mishra’s plan found active support from then Jawa janpad panchayat head BS Urmalia, the brother of former BS MLA from Sirmaur, Rajkumar Urmalia.

Investigations revealed a sum of Rs 33.42 lakh was transferred into the bank account of Urmalia’s brother, who is now on the run.

Twenty-four people are accused in the case, whose investigations were transferred to CID, after Barkhade and Baghel were found to have not deposited cash and jewellery seized from Mishra’s house. “We’ve already charge sheeted seven out of the eight arrested accused in the case. The charge sheet against the 8th accused will be filed soon,” the officer said.

Police recovered Rs 1 crore cash from Mishra’s house, and property worth Rs 12 crore owned by Mishra and other accused were attached over the last few months. 0

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