KOCHI: The CBI has registered a case against five partners of the Thrissur-based Emmanuel Sarees, now known as Mariya Silks, for allegedly submitting forged documents to avail of loan from State Bank of India (SBI).
The case was registered two weeks ago on a complaint filed by the regional manager, SBI, Thrissur.
As per the FIR registered by CBI, the accused are Baiju T O, 45, Shaju T O, 47, Raju T O, 43, Jiju T O, 39, and Anni Ouseph, 69, all members of the same family and natives of Mannampetta, Thrissur. Baiju T O is the managing director of the company and others are partners. The CBI has also mentioned an unknown SBI officer as accused in the case.
The complaint alleged the accused availed of loan on the basis of a fixed deposit of `90 lakh and by mortgaging 121.05 acres of land in Erattupetta. They later availed of corporate loan of `100 lakh from the bank. The loan was allotted based on the reports of three evaluators who checked the property. However, the loan turned NPA later.
Last year, when SBI evaluated the property for takeover, it was found the sketch of the land submitted for availing of loan was different from property documents registered at the Village Office. The land was registered in the name of Baiju T O.
According to the report by the SBI regional manager, the bank incurred a loss of `441 lakh through this act. The CBI is investigating the role of SBI officers in providing loan without proper examination of documents. “The investigation in this regard is under way. If we find SBI officers were involved in this, we will arraign them as accused,” a CBI officer said.
The case was registered under Section IPC 120 B and Prevention of Corruption Act 13(2).
Though attempts were made to contact the managing partners of Emmanuel Sarees, they failed to elicit any response.
Probe under way
The CBI is probing the role of SBI officers in providing loan without proper examination of documents.