No clarity yet, crime branch to probe fund transfer from Noida’s Rs 200 crore FD account
The investigation into the fraudulent transfer of Rs 3.8 crore from a Noida Authority FD account has been handed over to the crime branch. The fraud was discovered in July when transactions of Rs 12.8 crore were noticed from the account. Five people, including a Puducherry resident and four bank officials, have been arrested in connection with the case. The mastermind is still at large. The crime branch will visit the Noida Authority office to examine documents related to the account. The internal inquiry conducted by the Noida Authority found no wrongdoing by its officials.