New Delhi, April 29: CBI has arrested a Branch Manager of Indian Overseas Bank and five others for an alleged scam worth over Rs five crore from Kolkata.
The agency arrested Branch Manager Atanu Kumar Mitra, Iltush Ahammed, Noor Ajamal, Aynal Haque, Prabir Karmakar and Chartered Accountant Mahesh Agarwalla for allegedly defrauding Indian Overseas Bank to the tune of Rs 5.38 crore, CBI said here.
Mitra, while being posted at the Behrampore branch of the bank, conspired and sanctioned six loans aggregating Rs 2.12 crore to one Iltush Ahammed, his wife Taijunnehar Bibi, his brother Noor Jamal and brother-in-law Aynal Haque based on forged balance sheets, income tax returns and other fake documents furnished by Karmakar and Agarwalla, it alleged.
Also, Mitra allegedly sanctioned and disbursed five term loans aggregating Rs 1.
–Agencies