Fwd: CBI ARRESTS A BRANCH MANAGER OF INDIAN OVERSEAS BANK,CHARTERED ACCOUNTANT AND FIVE PRIVATE PERSONS FOR CAUSING LOSS OF RS. 5.38 CRORES TO THE BANK

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From: PIB Calcutta <pibcalcutta1@yahoo.com>
Date: Thu, Apr 29, 2010 at 8:05 PM
Subject: CBI ARRESTS A BRANCH MANAGER OF INDIAN OVERSEAS BANK,CHARTERED ACCOUNTANT AND FIVE PRIVATE PERSONS FOR CAUSING LOSS OF RS. 5.38 CRORES TO THE BANK

Press Information Bureau

Government of India

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CBI ARRESTS A BRANCH MANAGER OF INDIAN OVERSEAS BANK,CHARTERED ACCOUNTANT AND FIVE PRIVATE PERSONS FOR CAUSING LOSS OF RS. 5.38 CRORES TO THE BANK

 

 Kolkata : 29 April 2010

 

 

CBI, BS & FC, Kolkata has arrested Shri Atanu Kumar Mitra, Branch Manager, Indian Overseas Bank, Berhampore Branch (under suspension) and 5 other private accused persons viz. S/Shri Iltush Ahammed, Noor AJamal, Aynal Haque, Prabir Karmakar and Chartered Accountant, Shri Mahesh Agarwalla for defrauding Indian Overseas Bank, Berhampore Branch to the tune of Rs. 5.38 crores.

 

The accused Shri Atanu Kumar Mitra while posted as Branch Manager at Indian Overseas Bank, Berhampore Branch during the period 2005-2007 conspired with the accused private persons and sanctioned and disbursed six CC loans agregating Rs 212.30 lakh in the names of Shri Iltush Ahammed, his wife Smt. Taijunnehar Bibi, his brother Shri Noor Jamal and brother-in-law Shri Aynal Haque on the basis of false and forged audited balance-sheets and false Income Tax Returns, etc. documents which were fabbricated by Shri Mahesh Agarwalla and Shri Prabir Karmakar. Besides five Term Loans aggregating Rs.155 lakhs were sanctioned and disbursed by Shri Atanu Kumar Mitra in the names of Shri Iltush Ahammed and his family members purported to be for purchase of Tata Trucks on the strength of false quotations of non-existing dealer. Shri Atanu Kumar Mitra has sanctioned the loans beyond his delegated powers and in violation of the group exposure norms of the bank and failed to ensure the proper end use of funds and accepted copies of false R.C. Books furnished by the accused private persons as proof of end use of Term Loan.

 

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SP/spandey

 

PIB Kolkata

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Palash Biswas
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