New Delhi/Jalandhar, February 4, 2014: The Central Bureau of Investigation has registered three Cases U/s 120-B, 409, 420 & 477-A IPC and Section 13(2) r/w 13(1)(d) of PC Act, 1988 against the then Branch Manager, Central Madhya Pradesh Gramin Bank. It is alleged that the Branch Manager, Central Madhya Pradesh Gramin Bank while posted at Vidisha and Berasia Branch of Madhya Pradesh had abused his official position during the year April 2011 to April 2013 and fraudulently sanctioned & disbursed loans amounting to about Rs.10,26,30,050 in various accounts against unknown FDR, WHR and KCC, thereby, causing a loss to bank.
Search was conducted at the premises of public servant at Bhopal and incriminating documents were recovered. The documents are under scrutiny.
Further investigation is continuing. // New delhi news, New delhi current news, New delhi news live, New delhi breaking news, New delhi headlines, New delhi latest news, Madhya Pradesh news, india news, world news,
Date:
Tuesday, February 4, 2014