In the chargesheet filed by CBI in the financial fraud case involving officials of SBI Global Factors Ltd, Union Bank of India and Bharat Sanchar Nigam Limited (BSNL), it has been stated that the BSNL landline connection used for executing the fraud was taken in the name of an illiterate woman.
The BSNL mechanic implicated in the case had allegedly helped in tinkering with the connection.
In what looks part of an exceptionally well-planned fraud, Ramabhai Shanabhai Vaghela, a BSNL telephone mechanic in the Uttarsand exchange, diverted the phone lines of Union Bank of India, Narasanda branch, to another telephone connection taken in the name of the woman.
The landline connection was traced to a rented house at Shriram Niwas, near Patelwadi, Nadiad, Gujarat. The woman was cheated by the accused in the case for getting the connection.
Raja Chandrashekar Khara, later acting as the branch manager of UBI, Narasanda, made the phone call to Kochi SBI GFL for confirming the Letter of Credit (LC).
The Central Bureau of Investigation has listed nine persons as accused in the case in the chargesheet. These include officials of Green Woods India, SBI Global Factors Ltd, Union Bank of India and Bharat Sanchar Nigam Limited (BSNL).
The officials of Green Woods first submitted to the CBI that they received funds for transporting rubber wood to a company named Impex in Gujarat.
However, the CBI investigation revealed that no consignment was delivered by the Kochi-based company to Impex in Gujarat.
