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TERMINATED BRANCH MANAGER OF DELHI NAGRIK SEHKARI BANK LTDARRESSTED IN CONNECTION WITH BANK FRAUD

November 26, 2020 09:32 PM

ARRESTED ACCUSED PREPARED FALSE VERIFICATION & VALUATIONREPORT OF NON-EXISTENT PROPERTY..LOAN OF RS. 5 LAKH WAS SANCTIONED & DISBURSED AGAINST THESECURITY OF NON-EXISTENT PROPERTY WHICH WAS LATER DECLARED NPA. 

New Delhi(Face2News)

Rajiv Gupta, Authorised Representative of Delhi Nagrik Sehkari Bank Ltd had alleged that a loan amounting to the tune ofRs. 5 Lakh was sanctioned and disbursed to borrower Surinder Kumar by LajpatNagar branch of the complainant bank. The loan was secured by way of equitablemortgage of property no. B–113, Ground Floor, Duggal Colony, Khanpur, NewDelhi. Subsequently, the said loan turned NPA & during recoveryproceedings; the officials of complainant bank discovered that the said property does not exist. Case was registered atPS-Amar Colony & investigation of the case was transferred to EOW. 

Dr.O.P . Mishra, I.P.S.  JointCommissioner of Police, EconomicOffences Wing, DelhiPolice,  said, during investigation, it was observed that the rules &regulations of the bank were blatantly violated while sanctioning &disbursing loans to borrowers. The involvement of bank officials was stronglysuspected.

During the scrutiny of loan documents it was observed that the falseverification & valuation report was prepared by accused Satish Kumar Bindal,the then Manager of Delhi NagrikSehkari Bank Ltd in respect of property bearingNo. B–113,Ground Floor, Duggal Colony, Khanpur, New Delhi which is non-existent. On the basisof the reports submitted by Satish Kumar Bindal, loan of Rs. 5 Lakh wassanctioned & disbursed to accused borrower Surinder Kumar. It also surfacedthat accused borrower Surinder Kumar was not having any property in Delhi.

 Ateam comprising of Sub-Insp Chetan Mandia, SI Parveen Badsara and Ct. Lalitunder the supervision of Sh. Amar Deep Sehgal, ACP/EOW overall leadership ofSh. Mohammad Ali, IPS, DCP/EOW was constituted to arrest and accused Satish Kumar Bindal was arrested on 25.11.2020.

 
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