Fraud of
Sirmaur
Central investigation agency CBI has taken major action in the cases of fraud worth crores of rupees from two different nationalized banks in Himachal Pradesh. In these cases, private companies have committed a total fraud of Rs 36.34 crore from both the banks. Of these, a fraud of Rs 33 crore has been committed with State Bank of India and Rs 3.34 crore has been committed with Punjab National Bank. CBI has registered a case in both the cases and investigation is going on. These cases, which have caused loss of crores of rupees to the government exchequer, are related to districts Solan and Sirmaur.
Actually the first case is related to Baddi of Solan district. Here, a case of fraud of Rs 33 crore has come to light from the Baddi branch of State Bank of India by a private company based in Hyderabad. The company’s plant and factory are located in the industrial area of Baddi. It is alleged that the Chief Managing Director of the concerned company, Sandharpalle Venkatiah and Director Gudluru Mastan, along with some unknown government officials and private persons, carried out this fraud. Investigation has also revealed that the accused also tried to sell the properties already mortgaged in the bank without any permission. Not only this, instead of depositing the amount received from sale and lease in the bank, he used it for his personal use.
At the same time, the strings of the second case are connected to district Sirmaur. In this case, CBI has registered a case against two partners of Devang Sales Corporation and other unknown persons for fraud of Rs 3.34 crore with Punjab National Bank. This company, registered in Rajasthan, availed cash loan facility from PNB Atomic Branch for its unit located at Kala Amb in District Sirmaur and then committed fraud. This case has been registered on the complaint of the bank’s chief manager Kapil Matta. At the same time, CBI’s Anti Corruption Bureau Shimla is investigating both the cases. The government exchequer has suffered a total loss of Rs 36.34 crore due to these scams.