Published On : Fri, Aug 4th, 2017

Trading co director defrauds Kamala Nehru College with Rs 25 lakh

Kamla Nehru Mahavidyalaya
The city-based Kamala Nehru Mahavidyalaya was defrauded to the tune of Rs 25 lakh by director of a trading company. The accused Director of A D Company, who has not been named by the police, forged the cheque of the college and submitted it Nandanvan-based Oriental Bank with bogus signature and seal of college Principal. With this forged cheque, the accused withdrew Rs 25 lakh from the account of Kamala Nehru Mahavidyalaya.

Nandanvan PSI K S Sonole, based on the complaint lodged by Principal Dr Arvind Keshavrao Shende (62), resident of Plot No. 197, Survey Layout, behind Chhota Tajbagh, has booked the unidentified accused under Sections 420, 465, 467, 468, 471 of the IPC. Further probe is underway.

One of the baffling aspects of the episode is that the city police have not named the accused Director of A D Trading Company in its press release.