Ghaziabad: Another official of the Punjab National Bank (PNB) was arrested on Wednesday in connection with the multi-crore loan fraud, the day after his colleague Priyadarshini Kashyap, a former loan manager, was given a nabbed in the case of the housing community at GB Nagar.
The defendant, Ramnath Mishra (58), was dismissed as the Assistant General Manager (GMS) in July after the internal investigation by the Bank revealed that he had provided loan sanctions worth almost Rs 100 Crore to other charges, in this case without authority.
, causing large losses to financial institutions.
A native Patna, Mishra was related to Tanwar in 2015 when he was representative as the Branch Manager of the PNB Chander Branch at Link Road through the GMS from Bank Prem Chandra.
SP-City-1 Nipurn Aggarwal to the Toi that Chandra, who fled, is the main relationship between Tanwar, which is currently facing allegations in at least 27 case forgery in Ghaziabad for loan fraud of 450 crore between 2012 and 2021, and other PNB officials Through the loan, the loan is approved.
“From 2015 to mid-2017, Mishra approved 22 loans worth RS 67 Crore to Tanwar.
At that time, Mishra had the authority to sanction only Rs 4 Crore in a loan.
In mid-2017, Mishra was promoted as a GMS and was transferred to Agra.
The GMS has The power to provide loan sanctions worth RS 10 Crore and Mishra misused its position to sanction three loans worth RS 30 Crore to Tanwar colleagues in Agra, “RP City said.
During interrogation, Mishra was said to have told the police that he would get a loan share that was approved for Tanwar, besides expensive gifts including cars.
“PNB officials, who have been to Tanwar, are also sent to foreign trips by Tanwar,” said a senior police officer.
So far, two fir has been submitted to the Kotwali police station and three others at Kavi Nagar in fraud cases.
Mishra also faces charges under the Gangster Uttar Pradester and anti-social activities, between other parts of the Indian criminal code.
Tanwar, which was arrested on August 31, was ordered under the IPC 420 (cheating), 467 (forgery), 468 (forgery for cheating), 471 (using genuine fake documents) and 120B (criminal conspiracy) and gangsters) and gangsters) and gangsters) and gangsters Act.
Police, meanwhile, said that they tried to capture other bank officials involved in loan fraud and searching.