CBI ARRESTS AN AGM OF BANK OF INDIA AND THREE OTHERS IN AN ON-GOING INVESTIGATION OF A CASE

Press Release
New Delhi, 04.01.2017

         

      The Central Bureau of Investigation has arrested an AGM; then Senior Manager, both of Bank of India, Ghoddod Road Branch, Surat (Gujarat); Proprietor of Surat based private firm and a Proprietor of other private firm in an on-going investigation of a case.

     A case was registered on 29.12.2016 against an AGM (Branch Manager) & then Senior Manager, both working in Bank of India, Ghoddod Road Branch, Surat (Gujarat); a Proprietor of Surat based private firm & others and unknown others. It was alleged that the accused entered into criminal conspiracy and committed forgery in the bank account opening of a private firm and a cash deposit of Rs. 24.35 crore (approx) was made in said account after 08.11.2016 by a Proprietor of a Surat based private firm and the same was diverted to the accounts of co-accused by way of RTGS transfers.

Searches were conducted at 9 places including Surat & Jaipur on 02.01.2017, which led to recovery of incriminating documents.

      The arrested accused are being produced today before the Designated Court at Ahmedabad.


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