CBI court frames charges against five
Ramkrishan Upadhyay
Tribune News Service
Chandigarh, March 22
The CBI Court has ordered to frame charges against five accused in an alleged fraud case with Indian Overseas Bank worth over Rs7.29 crore.
Dr Sushil Kumar Garg, Special Judge, CBI Court, has discharged two accused in the case after the competent authority refused to give prosecution sanction against them. A company, M/s Arvind Machine Tools Private Limited through its directors, has also been named as an accused.
The charges have been framed against Sahil Gorwara, Daljit Kaur, Parminder Singh, Adarsh Kumar Rajwanshi and Raj Kumar Panjla. Rajwanshi and Raj Kumar Panjla are former officials of the bank. The case dates back to 2015 when Indian Overseas Bank filed a complaint with the CBI regarding the alleged fraud.
The bank alleged that the accused took loans of crores by creating fake companies. The CBI registered an FIR against eight persons, including four retired officials of Indian Overseas Bank, in the case. The CBI filed a chargesheet in the case against all these accused on September 30, 2019, under Sections 120-B, 467, 468 and 471 of the IPC and Sections 13 (2) and 13 (1) (d) of the Prevention of Corruption Act. It was alleged by the CBI that the accused defrauded Indian Overseas Bank by conspiring together and misrepresenting the facts.
The court had earlier declared Amrinder Singh Gorwara, one of the accused in the alleged bank fraud, as a proclaimed offender after the accused failed to appear before the court despite warrant issued against him. The court directed the investigating officer to submit the list of moveable as well as immovable properties of Amrinder Singh till the next date of hearing to proceed against him under Section 83 of the CrPC. The SHO concerned of the Sector 36 police station, Chandigarh, was directed to register an FIR under Section 174-A of the Indian Penal Code against the accused in accordance with law.
Public prosecutor KP Singh argued the case on behalf of the CBI. The court has discharged two accused – Vijay Kumar Grover and Satya Kumar Pareek, former bank officials, from the case on the basis of the fact that their prosecution sanction was declined by the competent authority of the bank.
Case dates back to 2015
The charges have been framed against Sahil Gorwara, Daljit Kaur, Parminder Singh, Adarsh Kumar Rajwanshi and Raj Kumar Panjla. Rajwanshi and Raj Kumar Panjla are former officials of the bank. The case dates back to 2015 when Indian Overseas Bank filed a complaint with the CBI regarding the alleged fraud.
