Senior bank official arrested for approving loan against fake docs

Kolkata: Police arrested a senior official of a nationalised bank on charges of sanctioning loan against "fake documents" furnished by a borrower.

Police said a complaint was lodged against the 52-year-old official, Om Prakash Ram, with the Bidhannagar East Police Station on December 30 in 2017.

Based on the complaint, police had initiated a probe and preliminary investigation revealed that the document against which the loan was sanctioned was fake.

He is a resident of Haridevpur area.

A police officer stated that some borrower showed fake documents to get a loan and the official, who was then the manager of the particular branch of the nationalised bank,

sanctioned it.

It was alleged that "the man being manager of the branch was instrumental to materialise the loan without proper verification".

Based on the allegations, police had initiated a case under several sections of the Indian Penal Code (IPC) on charges of Forgery for purpose of cheating (468 IPC),

cheating and dishonestly inducing delivery of property (420 IPC) and acts done by several persons in furtherance of common intention (34 IPC).

Sources said the police questioned the person in this connection and he was arrested after discrepancies found in his statement.