Four ex-bank officials booked for Rs 209 crore graft

The agency on Saturday conducted searches at four locations the premises of the accused persons at Jaipur and Ajmer.
For representational purpose (File | Reuters)
For representational purpose (File | Reuters)

NEW DELHI: The CBI has booked four former officials of Syndicate Bank and six other people, including a Jaipur-based builder in a case of graft, cheating, forgery and criminal conspiracy and for causing loss of Rs 209 crore to the bank.

The agency on Saturday conducted searches at four locations the premises of the accused persons at Jaipur and Ajmer.

“It was alleged in the complaint that the said accused in a criminal conspiracy availed home loans and credit facilities from Jaipur and Udaipur branches of Syndicate Bank on the basis of forged and fabricated documents. The funds so disbursed by Syndicate Bank were diverted and fraudulently siphoned off to the companies owned by accused persons, thereby causing an alleged loss to the bank,” a CBI spokesperson said.

The accused persons in the case include former Assistant General Managers A K Tiwari and Adarsh Manchanda besides former Chief Managers Deshraj Meena and Santosh Gupta, official sources said. Besides bank officials, chartered accountant Bharat Bomb, his brother-in-law Pavitra Kothari, and Bomb's employees Vineet Jain and Piyush Jain have also been named as accused persons in the case, the sources said.

Other accused in the case include builder Anoop Bhartiya, who has constructed the World Trade Park in Jaipur and Shankar Lal Khandelwal. The agency carried out searches at Bhartiya's premises in Jaipur and Kothari's residence and office in Ajmer.

Bomb, who is considered the mastermind in the alleged cheating case, is facing another CBI case and is presently undergoing judicial custody in the case since March, 2016. The other case in which Bomb is an accused was registered in March last year and the agency has filed a chargesheet.

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