CBI books firm, directors for Rs173-cr Karnal bank fraud

New Delhi, May 1

The CBI has registered a case against a private company, its three directors and others — including unknown public servants — for cheating State Bank of India’s Karnal branch and causing it loss to the tune of Rs 173.11 crore.

Officials of the CBI identified the company as Ram Dev International Ltd that has a registered office at Rohini in New Delhi and its three directors as Naresh Kumar, Suresh Kumar and Sangita.

The agency, in an official statement, said, “The Central Bureau of Investigation has registered a case under sections 120-B r/w 420, 468, 471 and 406 of the IPC and Section 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988, on a complaint received from State Bank of India against a private company having registered office at Rohini, New Delhi, and its three directors and others, including unknown public servants.”

It said the accused allegedly cheated the SBI, Karnal branch, and caused loss to the bank to the tune of Rs 173.11 crore (approx.). — TNS