Imphal, December 15: A recurring deposit holder of the Imphal Urban Co-operative Bank has raised serious charges of account embezzlement, contending that the money in his account has been fraudulently withdrawn to give loans to others.

A formal complaint has also been lodged with the bank authority and the matter is under probe.

The account holder is identified as a SO of the IMC, Khuraijam Nimai of Khagempalli Panthak.

Speaking to newsmen today, Nimai said that he has two recurring accounts with the Imphal Urban Co-operative Bank.

One bears account number 725, ledger folio number 160/5-A/C No.725 while the other bears account number 836, ledger folio number 273/5.His wife, Tamphasana also another recurring account with , account number 824, ledger folio number 254/5.The recurring account with the number 836 is about 8 years old while the other and that of his wife are about five years old, said Nimai.

The maturity period of the three accounts is ten years and every month a sum of one thousand each is deposited in each account.

Nimai further said that due to some inconvenience he could not pay the deposit for the month of Nov.

"When I went to deposit the money in the first week of December, I found that my pass books had been misplaced," said Nimai and added, "I was asked by the bank Teller and the bank authority to come back on December 14".Nimai said that he went to the bank as instructed yesterday but found out that his pass books were yet to be found.

After a hectic search it was found that at least 82 percent of the money deposited in his wife's name had been fraudulently withdrawn as loans.

The same thing was also found in his two accounts, said Nimai.

The photo pasted on his pass books were also found torn off.

As it became clear that the money has been fraudulently withdrawn, Nimai said that he submitted written complaint with the bank authority.

"The bank authority has assured that they will probe the matter," said Nimai.

When The Sangai Express contacted the branch manager of the bank, the officer admitted that the money has been fraudulently withdrawn.

The bank is trying its best to unearth the identity of those behind the forgery, said the branch manager.

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