Face2News/Karimganj (Assam)
CBI registers two cases against accused including then Branch Manager of State Bank of India, Karimganj, Assam & two middlemen on allegations of bank fraud & corruption; Recovers Ornaments/ Jewelry (Gold- 481 Gram, Diamond- 11.11 Gram and Silver- 1092.80 Gram approx) during searches.
CBI registered two cases on 25.03.2025 against accused including then Branch Manager, State Bank of India, Ramakrishnanagar Branch, Karimganj, Assam (accused in both cases) and two private persons (one each in two cases) on allegations of bank fraud & corruption/ bribery. It has been alleged that accused Branch Manager, in conspiracy with some middlemen, disbursed Xpress Credit Loans to various ineligible borrowers during the period 2023 to 2024 in lieu of undue advantage/bribe, which were allegedly collected by the two accused middlemen and unknown others from the borrowers.
Searches were conducted by CBI at premises of the aforesaid accused at 04 locations including Gaya (Bihar), Hailakandi (Assam), 02 places at Silchar (Assam) which led to recovery of substantial quantities of Ornaments/ Jewelry (Gold- 481 Gram, Diamond- 11.11 Gram and Silver- 1092.80 Gram approx) from the residential premises of accused Branch Manager at Silchar, Assam. Various incriminating documents such as Transaction details with middlemen, Bills/Invoices of purchasing of ornaments, documents related to the Xpress Credit, some electronic devices i.e. SSD of Computer, Mobile Phone and Tablet etc were also recovered during searches.
Investigation is continuing.
