CBI files charge sheet against bank manager, others for Rs.4.78 crore fraud

New Delhi, Oct.9 (ANI): The Central Bureau of Investigation (CBI) has filed 13 charge sheets against R.K.Goswami, the then Senior Manager of Canara Bank at Kolkata's College Street Branch, besides 25 private persons, in the court of Special Judge (CBI), Bankshall, Kolkata for allegedly causing wrongful loss to the Canara Bank, Burrabazar Branch, Kolkata to the tune of Rs.4.78 crores.

Goswami, as a senior manager of Canara Bank, College Street Branch, Kolkata, during 2005-2007 allegedly entered into a criminal conspiracy with private persons and fraudulently sanctioned and disbursed Open Cash Credit (OCC) loans in the names of 10 non-existing and 12 existing proprietary units.

He also accepted false audited balance sheets, valuation reports, stock statements etc., prepared false credit investigation and pre-sanction inspection reports in respect of the parties, resulting in wrongful loss of Rs.4.78 crores to the Bank.

Goswami has since been dismissed from the services of Canara Bank.

Meanwhile, the main beneficiary of the fraud was arrested by the CBI during investigations on September 21, 2010. (ANI)