Nagpur: Unearthing yet another murky fraud to the tune of Rs 3.12 crore, CBI has registered fresh offences against Bank of Baroda’s (BoB) branch former manager, sales executive, valuer and two other private parties in second case of fraud, forgery and corruption leading to loss to the tune of Rs 3.12 crore.
The accused are manager of Rani Durgawati chowk branch of Bank of Baroda DK Ghodpage, sales executive of tetail loan factory Dhritish Manna, valuer Rajesh M Khare and corporate guarantor Kumar Gaurav of Linkson Project and Infrastructure pvt ltd. In the latest case, proprietor of Chaitanya Corporation Barkha Sangla has been also been booked.
In the earlier case, proprietor of Raghukul Industrial company Manju Sangla was booked along with the rest for a similar fraud case of duping the bank to the tune of Rs 3.13 crore on the pretext of procuring loan for funding steel and mineral trading.
Barkha’s firm had applied for the overdraft facility under the traders’ loan scheme. In both the cases, the firms diverted loans fraudulently in other activities.
Kumar’s firm had offered corporate guarantee in both the cases by mortgaging commercial units at Yash Height building in Ramdaspeth, which was already under the charge of India Infoline Investment Services Limited. Two similar offences were registered against Kumar’s firm as he had furnished fake foreclosure letter to the bank.