news details |
|
|
| SBI cheated to the tune of Rs 1.30 Crores CBI registers case | | | EARLY TIMES REPORT
JAMMU, Dec: 15 (JNF):- CBI/ACB has registered a case against NK Gupta then Chief Manager, AK Gupta then Manager both of SBI CPC Zonal Office Jammu, Darshan Kumar Gupta r/o Jawahar Nagar Talab Tillo Jammu, Surinder Kumar (mortgagor) Partner/Director M/S Balaji Palastic India Private Limited, Logate Morh Kathua, Ashok Seth Partner/Director of said firm and unknown officers/ officials of SBI and Revenue Dept u/s 120-B, 420, 468,471 RPC and 5(2) r/w 5(1) (d) of J&K PC Act 2006 and started investigation.
According to the CBI case Balaji Palastic India Private Limited having its registered office at 3-A Gandhi Nagar Jammu authorized its Director Surinder Kumar to secure the loan facility and accordingly he approached SBI, Channi Himmat Branch Jammu for cash-credit limit of Rs 50 lacs and terms loans of Rs 80 lacs against the Hypothecation of stock in trade, plant and machinery and land. As per the FIR according to the revenue record, Darshan Gupta owns 29 Kanals of land in an area where the rate of land is Rs 5000 per Kanal, the total value of 29 Kanals of land Rs 1, 45, 000 but in the bank record the value of the land has been projected as Rs 80,000 per Kanal. Similarly Surinder Kumar mortgaged 4 Kanals of land located at Logate Morh Kathua in favour of the bank which was wrongly got valued for Rs 20 lacs in the year 2007 whereas it is costing Rs 16 lacs. Thus the value of mortgaged land is Rs 17.45 lacs only as against Rs 1.30 crores was sanctioned by the bank.
In the FIR it has been alleged that the loan facilities were used by M/S Ashok Kumar Seth and Surinder Kumar both Parners of the said firm for their own ends and no repayment were made to the bank. In the facts prima-facie disclosed that the above named officials of the bank and private persons with the common object to cheat the SBI Channi-Himmat Branch Jammu of huge amount and in furtherance of the said conspiracy then Chief Manager and Manager SBI CPC Zonal Office Jammu misused their official position as public servant and accepted false documents submitted by the guarantors firms as genuine and recommended for the sanction of loan Rs 1.30 crores and started investigation.
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
