 Online edition of India's National Newspaper Friday, Apr 30, 2010 ePaper | Mobile/PDA Version |
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West Bengal
Kolkata: The Central Bureau of Investigation on Thursday arrested a branch manager of Indian Overseas Bank and five other persons for allegedly defrauding the Berhampore branch of the bank of Rs.5.38 crore. A CBI statement said that the branch manager, Atanu Kumar Mitra, while being posted at the Berhampore branch during 2005-07 had illegally sanctioned and disbursed six loans aggregating Rs.212.30 lakh in the names of four persons on the basis of forged audited balance-sheets and income tax documents. Term loans The statement added that five term loans aggregating Rs.155 lakh were also issued to the same four persons for purchasing trucks based on false quotations of a non-existent dealer. The four persons who obtained the loan and two others who had forged the documents have been arrested along with Mr. Mitra.
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