Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

How a Delhi car washer got a Rs 2.5 crore loan sanctioned for a fake company

IANS
Updated: December 23rd, 2020, 19:56 IST
in National
0
Fraudster of Rs 400 crore held.

Fraudster of Rs 400 crore held.

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: In an intriguing case, three accused — including a former chief manager of a private bank — have been arrested for misappropriation of funds of the Najafgarh branch of Punjab National Bank through a loan fraud.

The accused, a former chief manager, in connivance with the accused borrower and other associates, sanctioned a loan of Rs 2.5 crore to a car washer in the name of Sarki trading company. They used false credentials of the alleged firm, using forged documents.

Also Read

Coimbatore blasts

Anti-terror squad arrests ‘Tailor’ Raja in Coimbatore blasts case; remand granted

4 hours ago
Supreme Court

Supreme Court issues notice, allows EC to continue with electoral roll revision in Bihar

4 hours ago

A complaint was made by officials of the complainant Punjab National Bank alleging that M/s Sarki Trading Company, through proprietor Sunil Sarki, obtained the CC limit of Rs. 2.50 crore in 2013 on the basis of false credentials and documents.

M/s Sarki Trading Company was shown as running a clothes and garments business. To secure the said CC Limit, forged documents of a property were mortgaged with the bank. The addresses of the borrower and the guarantor were not traceable. The said account turned NPA in 2014. A case was registered in 2015 under sections 420/467/468/471/120B IPC at PS Najafgarh and the investigation subsequently transferred to the Economic Offences Wing (EOW) in November, 2018.

“The accused Shailendra Kumar, truck driver Ankit Sangwan and car washer Sunil Sarki were arrested on Tuesday. The role of other accused persons is being probeed,” said Joint CP EOW OP Mishra.

Kumar, a former chief manager with Punjab National Bank, is acquainted with the banking process as well as the loopholes of the system. He sanctioned and allowed the disbursal of the loan without proper verification of the credentials and documents. He is a beneficiary of the amount that was cheated and is also involved in six other similar cases.

Sangwan got all the required documents prepared and applied for the loan. All the withdrawal and transfer vouchers were filled by him.

Sarki, the car-washer, has studied up to class 8. He signed all the documents in name of Sarki Trading Company. He, along with his associates obtained CC Limit in the name of this firm and siphoned off the funds.

IANS

Tags: DelhiFraudloanscam
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019

Archives

Editorial

Toll Sucks Life

Nitin Gadkari
July 9, 2025

Union Road Transport and Highways Minister Nitin Gadkari took everyone by surprise when at a function in Nagpur, where the...

Read more

Bloodline

BJP-Shiv Sena
July 8, 2025

The coming together of the Thackeray cousins – Raj Thackeray, chief of the Maharashtra Navnirman Sena (MNS) and Shiv Sena...

Read more

Acknowledge Failure

Deputy Chief of Army Staff Lieutenant General Rahul R Singh
July 7, 2025

Deputy Chief of Army Staff Lieutenant General Rahul R Singh’s candid revelations about Operation Sindoor at a FICCI event ‘New...

Read more

Politics of Philosophy

AAKAR PATEL
July 6, 2025

The BJP’s constitution (Article 3) says, “Integral Humanism shall be the philosophy of the party.” The party’s membership form has...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST