CM's associate gets breather in bank forgery case

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Ranchi, Dec 10 (UNI) Jharkhand High Court today asked the state government to file a counter affidavit in connection with controversial businessman Binod Kumar Sinha, a close associate of Chief Minister Madhu Koda.

Justice Amreshwar Sahay passed the order after hearing a writ petition filed by Bank of Baroda, accusing the businessman of not repaying a bank loan.

P P N Roy, appearing on behalf of the bank, pleaded that on May 20, 2006, an FIR was lodged with the sadar police station at Chaibasa dsitrict against Binod Sinha, Vikas Sinha and Manoj Sinha.

The Sinha brothers had taken loan of about Rs 3.25 crore from the Bank of Baroda, Chaibasa branch, allegedly on the basis of fake documents.

According to the directive issued by the chief vigilance commissioner of Government of India, the person who takes loan of more than one crore from the bank and not paying the loan to the bank, the CBI has the power to probe into it.

''The Sinhas had taken a loan of more than one crore, so the CBI can make an inquiry into the matter,'' Mr Roy pleaded.

He also alleged that the Sinha brothers were supposed to supply new tractors to the beneficiaries, but they supplied old tractors instead.

Mr Roy further alleged that the inquiry into the case was being delayed because Mr Sinha and his brothers got ''good relation'' with the higher-ups of the state.

The court, after hearing the parties, fixed December 17 for the final hearing. The court was expected to dispose the case on the same day.


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