New Delhi: Delhi Police has registered an FIR after a steel businessman in Burari alleged that nearly Rs1.5 crore was fraudulently withdrawn from his firm’s accounts over time, suspecting his account manager of orchestrating the scam by exploiting his financial access.The complainant told police that the account manager had been handling the firm’s banking operations, accounts and financial transactions for over five years, with access to multiple personal and business bank accounts.According to the complaint, the businessman instructed the manager last month to transfer Rs1.1 crore from two accounts. While transfers of Rs50 lakh and Rs20 lakh were allegedly carried out, the remaining Rs40 lakh was not transferred. The manager allegedly made repeated excuses, took signed cheques on the pretext of visiting the bank and left the office, but neither reached the bank nor returned to work.The businessman later visited the bank to complete the transaction, only to discover that the accounts did not have the expected balance. A subsequent scrutiny of bank records allegedly revealed that around Rs1.5 crore had been siphoned off from multiple accounts linked to the business and the proprietor. Police said the complainant has also claimed that further discrepancies may surface after a detailed audit of the accounts.Police said the suspect has been absconding since the alleged fraud came to light and has remained untraceable.Following a preliminary enquiry, police registered a case under Section 316(4) of BNS, which deals with criminal breach of trust.