(MOREPIC1) Pinki Saini/Derabassi
A major financial scam of ₹9 crore 6 lakh 61 thousand 890 has been detected in the Narayangarh Jhuggian, Derabassi branch of Punjab Gramin Bank. The Punjab State Crime Police has registered a case against the then branch manager Harjeet Singh, bank agent Neeraj Kumar Kochar and several others.
The action was taken based on a complaint filed by Anil Kumar, Chief Manager (Regional Office Mohali), and the fact-finding and research report prepared by the Punjab Vigilance Bureau.
During his posting from July 4, 2022 to November 22, 2024, branch manager Harjeet Singh, in collusion with agent Neeraj Kochar and others, executed the fraud. A total of 62 suspicious loan accounts were sanctioned during the period. Most of these loans were approved directly by the branch manager himself.
For loan disbursement, the accused used Fake salary slips, forged bank statements, Fake CIBIL reports , Fabricated government identity documents. Using these fraudulent documents, loans worth several crores were illegally sanctioned and disbursed.
Taking note of the seriousness of the case, police have launched a detailed investigation. Authorities have indicated that action against other involved individuals is also likely soon.