CBI books MoF officer, four others in Rs 4.83 Cr bank fraud
The sleuths of Central Bureau of Investigation (CBI) have registered a case against five persons including the Relationship Manager of Ministry of Finance (Banking) Abdul Rawoof Pasha for allegedly cheating State Bank of India to the tune of Rs.4.83 crore.
By Newsmeter Network Published on 11 Feb 2021 3:16 PM GMT
Hyderabad: The sleuths of Central Bureau of Investigation (CBI) have registered a case against five persons including the Relationship Manager of Ministry of Finance (Banking) Abdul Rawoof Pasha for allegedly cheating State Bank of India to the tune of Rs.4.83 crore.
The CBI was acting on a case booked by its Anti-corruption wing.
In the complaint, Prakash alleged that one Paruchuri Kumar, a resident of Narayanguda was holding two identities ā one as Paruchuri Kumar, son of P Raju as per Aadhaar card and the other as Kanuganti Suresh Kumar, son of Kanuganti Rajendra Kumar as per the ID card issued by the Election Commission of India (ECI).
In an alleged conspiracy with his wife P Pallavi and others, Paruchuri Kumar submitted forged documents to the bank's Parishram Bhavan branch in Hyderabad and availed Asset Backed Loan (ABL) of Rs.5.10 crore and allegedly cheated to the extent of Rs.4.83 crore.
It was alleged that the then Chief Manager late A Prem Kumar, Pasha, who was posted at the Parishram Bhavan branch, bank's panel advocates, valuers and other unknown persons allegedly colluded with Paruchuri Kumar and cheated the bank.
A case Sections 471(Using as genuine a forged [document or electronic record]), 468 (Forgery for purpose of cheating), 420 (Cheating) and 120B (Criminal Conspiracy) of IPC along with the provisions of Prevention of Corruption (PC) Act has been booked against the five.
