Fake jewel loan scam: Realtor, ex-banker sent to 7-day CBI custody
Bhubaneswar: A local court here on Friday remanded realtor Ratikanta Kanungo and Odisha Gramya Bank (Dumduma branch) ex-manager Kalindi Charan Nayak in 7-day CBI custody for further interrogation.
Earlier in the day, both the accused were taken to the CBI office here for questioning before being produced in the court.
The investigating agency sleuths on Thursday had arrested Kanungo, the managing director of Shibani Estate and Promoters Pvt Ltd after conducting simultaneous raids on the office and residences of Kanungo and Nayak, the suspended bank manager.
Sources said, several incriminating documents were seized by the agency’s officials during the raid, conducted at eight places in the state capital.
The officials had too raided the houses of bank’s jewel appraiser Manabhanjan Sahoo, Nakul Parida, Bijan Sahoo, Anil Kumar Das, Purusottam Sahoo and Suryanarayan Sahoo, who according to the bank authorities had taken jewel loan to the tune of Rs 13 crore in 2012 by mortgaging fake ornaments in the bank weighing over 66kg.
The matter surfaced earlier this month after the bank authorities were left shell-shocked upon the sanction of such a big amount within a period of three months. The whole incident prompted the authorities for a probe following which it was found that the gold jewellery mortgaged by the depositors were imitations.
After receiving a written complaint from the bank, the CBI officials had seized some loan-related documents in this connection.