Pramesh S Jain & Yogesh K Porwar
T
he CCB officials on Thursday arrested a gang of three for creating a fake property document of a site to avail loan of Rs.2.3 crore twice from State Bank of India between October 2022 to July 2023.
Based on the complaint by Dorai Raj TG,Assistant General Manager, State Bank Of India,Bangalore Central,the CCB officials registered an FIR against the accused and arrested Shivanna,Syed Hashim and Ranganath charging them under cheating and forgery of IPC on Last Thursday.
Senior officer told reporters that the accused identified as Acchukuttan,applied for loan to purchasae a site belonging to Shivanna situated in Mallatahalli in Bengaluru North .
The bank after verifying the documents sanctioned Rs. 1.16 crore loan which has been defaulted after payment of initial three instalments .
The bank issued notice and later visited the site to find that the site was owned by different person. Further inquiry by the officials revealed that the accused had earlier availed Rs.1.16 crore loan from the same bank in October 2022 on the same set of documents but in the name of Mohammed Fayaz.
The accused Hashim presently arrested by the CCB has helped the accused to create forged documents and helped the accused to avail both the loans,a senior police officer, said.
The CCB investigation now revealed that the accused were involved in the similar cheating and forgery case which is being probed.
The accused have been produced before the court and remanded to judicial custody while efforts are on to track down other accused who are on the run.
