LUCKNOW: Gomtinagar police arrested seven persons, including an accounts officer of Smarak Samiti, involved in siphoning off Rs 10 crore of the Lucknow Development Authority (LDA).
The arrested accused were identified a Sandeep Puthunmadam (44), Deepak Yadav (30), Shailendra Singh (38), Sanjay Singh (39), Ravikant Pandey (46), Akash Kartikey (32) and Krishnmohan Srivastava (30).
LDA had deposited Rs 48 crore for the provident fund (PF) of 6,500 contractual workers in a bank. The accused fraudulently got nominated a person and invested the amount at Nadan Mahal Road branch, which was then transferred to another private bank.
The LDA got Rs 38 crore back as soon as it detected the discrepancy. However, Rs 10 crore had already been sent to a private firm.
Police arrested all the accused under the charges of cheating and forgery.
