CBI arrests an absconder for alleged bank fraud

Editor

New Delhi, March 27 : The Central Bureau of Investigation (CBI) arrested an absconding person in an alleged bank fraud case, the agency said on Sunday. The accused, identified as Sanjay R Gupta, a director of a private firm based in Gujarat, was arrested by CBI sleuths on his arrival from Nairobi, Kenya, CBI spokesperson said. A case was registered on June 27, 2012, on a complaint from Canara Bank, Circle Office, Ahmedabad against a private company based in Gujarat and others including its directors, proprietor of another private company on the allegations of cheating the bank of Rs 20.68 crore. A chargesheet was filed against eight accused including private company, director, proprietor and bank officials in the Court in Mirzapur, Ahmedabad on December 24, 2013. Gupta was absconding for a long time. An LOC and Red Corner Notice were also issued against him. The accused will be produced before the Court at Ahmedabad. CM SHK1736

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