EOW arrests bank official in loan fraud case

New Delhi: The Economic Offences Wing (EOW) of Delhi Police arrested a bank official after his involvement was found in fraudulent disbursal of loan.

Additional Commissioner of Police (EOW) Suvashis Choudhary confirmed news about the arrest.

"After proper investigation, we arrested the one HL Maan (bank official) in the case," said Addl CP.

According to police, a case was registered in the year 2016 on the complaint of the authorized person of PNB in Najafgarh regarding fraudulent disbursal of housing as well as CC loan.

"During investigation accused borrower, Rajesh Dua and the then chief manager were arrested and charge sheet against them has been filed," said Addl CP.

He further added that during further investigation accused H. L. Maan, native of Ludhiana in Punjab, the then manager credit, who has recommended housing loan, has been arrested onWednesday.

Police had registered a case under sections 420/468/471/120-B IPC at EOW police station.

According to Delhi Police annual report, during the year 2018, up to 31st December, EOW has handled 3,591 complaints and investigated 1107 cases.

Out of this, 3238 complaints were disposed of and 238 cases were finalized during the year.

During the year, 144 persons involved in various economic offences werearrested.

EOW registered 272 cases during the year.