Mrt bank fraud case: CBI arrests woman absconding for nine years
LUCKNOW, Oct. 10 -- The Central Bureau of Investigation (CBI) has arrested a woman declared a proclaimed offender in a Rs.3.63-crore bank fraud case linked to Punjab & Sind Bank's branch at Diwan Public School in Meerut, nearly nine years after a court issued the order declaring her an absconder, informed CBI officials while sharing a press note in this regard on Friday.
The accused, Kavita, was arrested in Haridwar, Uttarakhand, on Friday following sustained efforts and technical leads, the CBI said in a statement. She was produced before a competent court in Ghaziabad, which remanded her to judicial custody till October 21.
The case dates back to March 30, 2012, when the CBI registered an FIR alleging that the then branch manager, in conspiracy with other accused, sanctioned and disbursed 24 housing loans and two overdrafts against property worth approximately Rs.3.63 crore between August 10, 2010, and May 24, 2011.
According to the agency, the loans were allegedly sanctioned on the basis of fake and fabricated identity and income documents relating to borrowers and guarantors.
The CBI filed a charge sheet against 59 accused on November 26, 2014. Kavita was among those charge-sheeted but did not appear before the court from the beginning of the proceedings, the agency said....
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