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CBI books five including then Chief Manager BoB for alleged swindling Rs 6.5 Crores 'loan scam' in BoB 4/17/2014 11:43:40 PM Early Times Report Jammu, Apr 17 : Central Bureau of Investigation/ Anticorruption Bureau Jammu unearthed a loan scam of Rs 6.5 Cores in Bank of Baroda (BoB) Gandhi Nagar Branch and registered case against TR Dogra then Chief Manager Bank of Baroda Gandhi Nagar Jammu, NK Bhardwaj then Branch Manager Bank of Baroda Gandhi Nagar Jammu presently posted as Senior Manager SIO Mumbai Branch, CL Koul then Branch Manager Bank of Baroda Gandhi Nagar Jammu and Rajesh Raina & His wife Meenakshi Raina. After preliminary enquiry, the CBI -national investigating agency found that the facts prima-facie disclosed that officials namely TR Dogra then Chief Manager Bank of Baroda Gandhi Nagar Jammu, NK Bhardwaj then Branch Manager Bank of Baroda Gandhi Nagar Jammu presently posted as Senior Manager SIO Mumbai Branch, CL Koul then Branch Manager Bank of Baroda Gandhi Nagar Jammu have abused their official position by willfully accepting securities of very low value while repeatedly sanctioning/processing loans applied by Rajesh Raina and His wife Meenakshi Raina in criminal conspiracy with them and have thereby caused a loss to the tune of Rs 6.5 Crores to the exchequer. Following this agency registered FIR U/s 120-B, r/w 420 RPC and 5(2) r/w 5(1) (d) of J&K PC Act 2006 BK and no arrest have been made so far. According to the FIR reliable source information has been received disclosing that abovementioned Bank officials had sanction/ got sanction and disbursed a number of loans fraudulently in favour of Rajnessh Raina and his wife Meenakshi Raina and their firms against already mortgaged properties which were allegedly fraudulently overvalued thus turning the accounts to NPA with a total outstanding of Rs 6.5 Crores.   Share This News with Your Friends on Social Network     Comment on this Story

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