New Delhi : The Central Bureau of Investigation on Friday filed a chargesheet against five accused, including the partners and director of private companies before the Chief Metropolitan Magistrate in Delhi, in a case related to causing loss of Rs 36.05 crore to Indian Overseas Bank.
CBI had registered a case on December 30, 2020, against a Delhi based private company and others including its partners on a complaint from Indian Overseas Bank. The accused allegedly conspired with each other to cheat Bank by using forged documents as genuine and by falsification of accounts and thereby causing loss of Rs 36.05 crore to Bank.
CBI said during investigation, it came to light that the accused allegedly entered into conspiracy with each other and submitted false documents to Bank at Rajiv Circle Branch in Delhi and induced the Bank to avail Working Capital limits which were diverted through the accounts of some fictitious firms without any underlying genuine business.