Wednesday, December 17, 2014

Top Bank Officials Arrested

CBI arrests general manager of United Bank of India-Business Standard 17.12.2014

CBI says he abused his position and as a consequence the bank incurred loss of Rs 93 crore
 
The Central Bureau of Investigation (CBI) today arrested Pranab Kumar Roy, general manager, Southern Regional Office, of United Bank of India on charges of corruption. According to CBI, the amount of wrongful loss incurred to the bank during his tenure in various cases due to abuse of official position is Rs 93 crore.

Roy is accused of abusing his official position by sanctioning working capital loan of Rs 20 crore to Capture Systems Pvt. Ltd., for its “Ethanol Turnkey Project” by fraudulently and dishonestly violating all banking norms and thereby causing a wrongful loss of Rs 9.44 crore to the bank.

Pranab Kumar Roy is also involved in many other bank fraud cases in different places and same are being investigated by CBI branches at Chennai and Bangalore, said CBI statement.

The amount of wrongful loss incurred to the bank in all these cases togethere is Rs 93 crore.

He has been arrested today and produced before the Additional Special Judge for CBI cases, Chennai and remanded to judicial custody.

Investigation is in progress, said CBI sources.
 
http://www.business-standard.com/article/current-affairs/cbi-arrests-general-manager-of-united-bank-of-india-114121600908_1.html

CBI arrests three men for causing huge loss to bank-Times of India-16.12.2014

PUNE: The Central Bureau of Investigation has arrested three private persons in the ongoing investigation of a case relating to an alleged loss of Rs 15 crore to the Corporation Bank.

CBI had registered a case on June 26, 2014 for allegedly committing an offence of criminal conspiracy, cheating and forgery under sections of the Indian Penal Code on the allegations of a bank fraud in which accused persons availed credit facilities on the basis of forged, false and fabricated documents. A loss to the tune of Rs.15 crore was allegedly caused to the Corporation Bank.

The accused persons were absconding since registration of the case and avoiding investigation by frequently changing their locations.

PUNE: The Central Bureau of Investigation has arrested three private persons in the ongoing investigation of a case relating to an alleged loss of Rs 15 crore to the Corporation Bank.

CBI had registered a case on June 26, 2014 for allegedly committing an offence of criminal conspiracy, cheating and forgery under sections of the Indian Penal Code on the allegations of a bank fraud in which accused persons availed credit facilities on the basis of forged, false and fabricated documents. A loss to the tune of Rs.15 crore was allegedly caused to the Corporation Bank.

The accused persons were absconding since registration of the case and avoiding investigation by frequently changing their locations.
http://timesofindia.indiatimes.com/city/pune/CBI-arrests-three-men-for-causing-huge-loss-to-bank/articleshow/45521549.cms

Bank officer arrested for taking bribe

A senior official of State Bank of Bikaner and Jaipur on Friday arrested by the sleuths of Anti-Corruption Bureau while allegedly accepting bribe of Rs 30,000.

SBBJ Chief Manager (Civil works) Anant Kumar Sinha was arrested by ACB's sleuths while accepting a bribe of Rs 30,000 for clearing a bill of Rs 30 lakh related to renovation of a branch and flat here, an ACB official said.

Rajkumar Kumawat had filed a complaint against Sinha mentioning that he had asked a bribe of Rs 1.50 lakh from him for clearing his bill worth Rs 30 lakh, she said adding the Chief Manager had taken Rs 50,000 in two instalments from the client earlier

Two from IIT-Delhi arrested for writing bank exam as ‘fakes’ -Indian Express

Two IIT-Delhi students and a system engineer with Infosys Consulting in Hyderabad have been arrested by the CBI from Govindpuram in Ghaziabad for allegedly impersonating candidates and appearing for the Nationalised Banks Clerical Cadre examination.

Five others, alleged to be touts, have also been arrested. “I am not aware of any such incident. This is completely shocking… two students of our institution being arrested on charges of impersonation. We are trying to find out the names and details of these students. This is no longer an internal matter of the IIT. This is a legal matter and police investigations will take their due course,” Sharad Kumar Gupta, Dean Students’ Welfare, IIT-Delhi, said.           

A senior IIT official said any action against the students would be taken after “due consideration” of the CBI report. According to the CBI, the examination was conducted online by the Institute of Banking Personnel Selection (IBPS), Mumbai. The accused were arrested from the Ideal Institute of Technology at Ideal Nagar, Govindpuram in Ghaziabad, over the past weekend. “The exam was held on Saturday and Sunday, and the two IIT-Delhi students and system engineer Tarun Uppal were impersonating actual candidates and taking the exam for them,” a CBI officer said.

The CBI has also arrested a candidate who was actually supposed to take the exam and three alleged middlemen identified as Sanjeev Kumar, Sughreev Singh Gujjar and Hanumant Singh Gujjar. “An amount of Rs 6.5 lakh was recovered from Sanjeev Kumar. The money was to be paid to one of the accused impersonating a candidate,” the officer said. The accused have been booked under sections of the IPC, the Prevention of Corruption Act and the IT Act. All of them were produced before a court in Ghaziabad. Sources in Ghaziabad police said the operation was conducted by the CBI with help from the UP Special Investigative Team.

- See more at: http://indianexpress.com/article/cities/delhi/two-from-iit-delhi-arrested-for-writing-bank-exam-as-fakes/#sthash.GjEyaSQR.dpuf

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