Raipur
Acting on a complaint received from the State Bank of India (SBI) head office, Raipur, the Anti-Corruption Bureau (ACB) has registered a criminal case against a senior SBI official for alleged large-scale financial irregularities and criminal misconduct involving crores of rupees.
According to the ACB, an offence bearing Crime No. 67/2025 was registered on December 17, 2025, under Sections 316(5), 318(4), 61(2), 338, 336(3), 340(2) of the Bharatiya Nyaya Sanhita (BNS) and Sections 13(1)(a) and 13(2) of the Prevention of Corruption Act, 1988 (as amended in 2018).
During the course of investigation, the accused, identified as Vijay Kumar Ahke, Chief Manager, State Bank of India, Raipur, was subjected to a lawful search at his residence. Several important documents and materials related to the case were seized.
Investigators revealed that the accused was posted as Branch Head of the Specialised Currency Management Branch (SCAB), a key SBI branch that supports and services other branches. While holding this sensitive position, the accused allegedly misused a crucial internal office account of the bank, known as a “Suspense Account,” which has no fixed transaction limit.
The ACB alleged that the accused exploited this account to meet his personal trading losses and, through a pre-planned and systematic manner, illegally withdrew approximately ₹2,78,25,491 (₹2.78 crore). The amount was allegedly credited to his own bank account as well as that of his wife over a period of nearly eight months.
To avoid detection, the accused allegedly bypassed the bank’s internal control mechanism, including the Transaction Failure Indicator (TFI), by executing transactions before the prescribed monitoring period of 30 days. This ensured that no system-generated alerts were triggered. The fraudulent entries, made initially in small numbers and later on a larger scale, reportedly went undetected by colleagues and supervisory officers, indicating serious lapses in internal oversight, which are now under investigation.
Further, the probe revealed that the misappropriated government money was allegedly invested by the accused in cryptocurrency, options trading, and commodity trading, thereby constituting criminal breach of trust and misuse of public funds.
On finding sufficient evidence, the ACB arrested Vijay Kumar Ahke on December 18, 2025, and produced him before the competent court. Officials said that further investigation is underway to ascertain the involvement of other officials and to determine their roles, if any, in the alleged scam.
