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GSCB manager arrested on charges of fraud

the goan I network

VASCO

A 51-year-old bank manager with the Goa State Cooperative Bank (GSCB) was arrested by Verna police late Friday night, in connection with the fraudulent withdrawal of money from an account.   

According to Verna PSI Shreedhar Kamat, a police complaint against Thomas Baretto of Borim-Ponda was filed by GSCB Managing Director Anant Chodankar.  

PSI Kamat said the incident, according to the complaint, is reported to have taken place in 2015, when Vivekanand Divkar of Cortalim, who had an account in the Cortalim branch of GSCB, had applied for a loan of Rs 10 lakh.   

“The loan was released and the money came into the account of Divkar. The accused, Thomas Baretto, was the branch manager of GSCB Cortalim branch at that time. Baretto was accused of forging Divkar’s signature and withdrawing money from the account on different occasions. After the incident, there was a complaint in the bank and an enquiry began in the matter. Subsequently, a police complaint was filed in the Verna police station in 2017.”  

“As an enquiry was being conducted, Baretto was suspended from duty. After the enquiry was completed and it was proved that Baretto had fraudulently withdrawn money from the account and had used it, an offence was registered against Baretto under Section 408.”  

“He was arrested by Verna police late Friday night and produced before a court. He has been remanded to two days police custody,” said PSI Kamat.  

PSI Kamat is investigating the case under the supervision of Verna PI Harish Madkaikar.  


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Lobo: Are we building stadiums for exhibitions?

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The Goan Network
Published Feb 2, 2020, 2:04 AM IST
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the goan I networkMAPUSAQuestioning his government’s focus to spruce up sports infra in State, Ports Minister, Michael Lobo on Saturday wondered whether the new stadiums that were coming up would be of any help to produce talented sportsmen in the State.  He also stressed on need to groom village-level youngsters in sports to make a mark at the national and international level.   “Are we going to produce good sports boys and girls in Goa? Or are we going…

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