Agartala, Sept. 13 -- In a major financial fraud, miscreants allegedly siphoned off Rs 16.48 crore from the Agartala Municipal Corporation (AMC) account maintained at the Kaman Choumuhani branch of UCO Bank.

Following AMC's complaint, the West Agartala Police Station launched an investigation and arrested a bank cashier, identified as Ramayani Srimoyee, who was remanded to three days of police custody by the court.

Dipak Majumder, Mayor of Agartala Municipal Corporation, giving insights into the incident, stated that a deposit of Rs 16 crore and 38 lakh had been made in the UCO bank, apart from the Rs 53 crore deposited across the different branches in the city.

"Our Municipal Corporation had a deposit of Rs.16 crore 38 lakh in UCO Ban...