Nagpur police book 30 for Rs 145 crore scam

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Nagpur, Nov 16 (UNI) The police has booked 30 people, including directors of the Samta Sahkari Co-operative bank, in connection with a Rs 145 crore fraud in the bank.

They have been charged with forging signatures and preparing bogus documents with an intention to cheat the bank.

The scam was detected about a year back and since then the co-operative department of the state government was probing it.

The sitabuldi police station booked 21 directors, 4 officials and 5 others of the bank.

According to police, district special auditor of co-operative societies, Madan Kisan Shende lodged the complaint, following whuch the police booked them under sections 406, 408, 409, 466, 467, 468, 471, 420 and 34 of the IPC.

The co-operative department conducted audit on the bank accounts and checked all records from March 30, 1997 to October 30, 2007 to reach the figure of the Rs 145 crore fraud, police said adding that besides bank directors and others officials, a local couple, also involved in duping another local co-operative bank, would also be named as co-accused in the case.


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