Businessman arrested in Bhanjanagar

Berhampur: Police have arrested a businessman in Bhanjanagar in Ganjam district on charge of taking bank loan by producing forged documents, police said today.

The businessman was arrested on Saturday for allegedly taking Rs four lakh loan from a branch of Rushikulya Gramya Bank (RGB) in 2008 by producing forged documents, they said.

The arrest was made on the basis of an FIR lodged by the branch manager, said inspector in charge of Bhanjanagar, R C Thumb.

Cases were also registered against his wife, who was guarantor and the legal advisor of the bank, who certified the documents as genuine, he said.