India, Oct. 25 -- A Bank of India officer has been booked by Dadar police for allegedly siphoning off Rs.20.5 lakh from two internal branch accounts through five unauthorised transactions over nearly two years, disguising the debits as automated Public Provident Fund (PPF) entries and fake vendor invoices.

The accused have been identified as Subhrajyoti Das, who worked at the bank's Prabhadevi branch, and Soumya Ranjan Pal, a resident of Odisha. The case was registered on Friday following an internal reconciliation that uncovered the alleged financial irregularities.

Police said Das worked at the branch from September 2021 to May 2024 and allegedly used his core banking access to debit two internal accounts which were the GBM cheque col...