The Central Bureau of Investigation (CBI) on Monday filed chargesheet against R K Dubey, former Chairman and Managing Director of Canara Bank, in a case pertaining to a loan default.The Central Bureau of Investigation has today filed a chargesheet in the Designated Court, Delhi against the then CMD; two then EDs; then DGM; then CGM & an AGM (all of Canara Bank) and a Delhi based private company & its two Directors on the allegations of cheating the Canara Bank to the tune of Rs.68.38 crore(approx).
Besides Dubey, the chargesheet has been filed against five officials of the Canara Bank and a Delhi-based private company Occasions Silver Private limited and its two Directors Kapil Gupta and R K Gupta.The accused allegedly cheated the Canara Bank to the tune of approximately Rs.68.38 crore.The CBI had earlier in 2016, registered a case against Occasions Silver Private limited and its directors.
It was alleged that the said private company, dealing in wholesale & retail trading of silver jewellery & articles, diamond, gold jewellery, imitation jewellery, gift items, crockery items etc. had cheated Canara Bank to the tune of Rs. 68.38 crore (approx) through its accounts at Kamla Nagar, New Delhi branch of the Canara Bank.The loan was sanctioned in December 2013, disbursed within the next three months. It turned NPA on 29.09.2014 within one year of its opening and the funds were siphoned off through a chain of alleged bogus transactions facilitated by fake sister concerns, family members and bank officials including the top Executives. It was also revealed during investigation that there was an alleged nexus between the bank officials with the private persons which led to the perpetration of the fraud.