New Delhi, Feb 28: It seems that all those firms which were claiming false laurels and were not respecting their financial loans from banks are in for a big trouble. Central Bureau of Investigation (CBI) registered a case of bank fraud worth Rs 515.15 crores against RP Infosystem and its directors, according to ANI.
Earlier it was reported that the CBI had booked an auto dealer in Jamshedpur for allegedly defrauding the Corporation Bank to the tune of Rs 6.77 crore.
The agency has booked auto dealer Ramnandi Estates Pvt Ltd and its directors Akhouri Gopal, Sanjeeta Akhouri, Akhouri Nishant and Akhouri Nitesh.
An empanelled valuer of the Corporation Bank Sanjay Kumar has also been named as accused in the FIR.
A loan of Rs 10 crore was allegedly sanctioned to the company from the zonal office of the bank in Patna for setting up a showroom and service centre in 2014.
It is alleged that the loan was sanctioned on the basis of highly enhanced valuation reports of securities.
The bank has alleged that the accused defaulted on the loan, which was declared Non-Performing Asset in September 2016 causing a loss of Rs 6.77 crore.
The alleged fraud comes amid CBI's probe into recent complaints of massive frauds in the Punjab National Bank, Bank of Baroda and Oriental Bank of Commerce.