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Mumbai Crime: Senior bank officials accuse RBI officer of 'extortion'

Dr Rabi N Mishra has been coercing senior bank officials, in personal text messages, to donate funds for NGO, to be used for separate cultural event

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Dr Rabi Mishra has been accused of coercing senior bank officials to donate funds for a private cultural event

Dr Rabi Mishra has been accused of coercing senior bank officials to donate funds for a private cultural event

A senior RBI officer, custodian of classified information on the Indian economy, has been accused by some banking officials of influencing bankers to donate funds for a cultural event by indulging in 'diversion of funds'.

Dr Rabi N Mishra, Chief General Manager, Risk Monitoring department, RBI, has allegedly created various WhatsApp groups where he has added senior banking officials and forced them to donate funds for the NGO, Maharashtra-Odisha Welfare Association (MOWA). However, the funds were used for the recently-concluded Ama Utkarsha Odisha event in Navi Mumbai through illegal means, said financial activist Rajiv Sinha, who has written to the President of India, PMO, Finance Ministry, Central Vigilance Commission, and Supreme Court to take strict action against Dr Mishra.

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