CBI Investigates Bank Fraud in Assam and Rajasthan

The Central Bureau of Investigation (CBI) has registered cases against employees of Assam Gramin Vikash Bank and Rajasthan Marudhara Gramin Bank for alleged fraud.

Assam Gramin Vikash Bank Case

Four employees of Assam Gramin Vikash Bank, including Prasanta Borah, Priyankshu Pallabh Gogoi, Sohan Dutta, and Satyajit Chaliha, are accused of entering a criminal conspiracy and causing a loss of Rs. 8.28 crore to the bank. They allegedly sanctioned and disbursed amounts in fictitious Self Help Group (SHG) loan accounts and transferred the proceeds to their own accounts.

Rajasthan Marudhara Gramin Bank Case

In Rajasthan, Sheel Kumar and Satish Nanda, branch managers of Rajasthan Marudhara Gramin Bank, are accused of siphoning off funds by sanctioning Kisan Credit Card (KCC) loans on forged documents. The CBI is investigating multiple cases of KCC loan fraud involving more than Rs. 3 crore.

The CBI conducted searches at various locations in Assam and West Bengal, leading to the recovery of incriminating documents. The investigation is ongoing.