Agartala, Sep 14 — A local court on Saturday remanded Ramayani Srimoyee, treasurer of a bank, to three days of police custody in connection with the multi-crore AMC fund fraud that has shaken Tripura’s financial sector. The alleged fraud amounts to over ₹16 crore.
Srimoyee, a resident of Noagaon in Assam, was arrested by the Special Investigation Team (SIT) formed by the state government to probe the case. The SIT is led by Additional SP (Urban), West Tripura, Dhruva Nath. According to police, the treasurer’s role in facilitating fraudulent transactions came to light during extensive interrogation.
Investigators revealed that cloned cheques were used to siphon funds into multiple benami accounts. While illegal transactions of around ₹7 crore were intercepted in time, more than ₹9 crore had already been withdrawn or transferred before authorities could intervene. Police officials believe the arrested bank treasurer played a key role in enabling these manipulations.
“The SIT has already gathered crucial leads and is probing all angles, including possible involvement of more insiders or external beneficiaries. Further arrests cannot be ruled out,” a senior police officer said.
The court’s decision to grant three-day police remand is expected to aid investigators in extracting more details about the modus operandi of the fraud. Officials are hopeful of uncovering the full network behind the scam and tracing the missing funds.
The case has raised serious questions about banking security mechanisms in the state, particularly regarding cheque verification and fund transfers. The SIT is also examining whether systemic lapses allowed the scam to go undetected for an extended period.
With investigations gaining pace, authorities assured that all those involved in the ₹16-crore fraud would be brought to justice.
