The Central Bureau of Investigation (CBI) on Friday registered a case of fraud against five persons, including three senior former bank employees, for causing a loss of Rs 38 crore to the Union Bank of India (UBI). The case was registered on the basis of a complaint from the bank on the allegations of defrauding it during 2007 to 2012.
The accused have been identified as YP Gupta, then General Manager, Pune; SGS Pawar, then Deputy General Manager, Nagpur and SB Vishwesra, former Assistant General Manager, Gokulpeth Branch, Nagpur; all working in UBI, CBI officials said.
Besides, the case of criminal breach of trust and cheating has been registered against YSS Raju and his wife Y Suvarchala – directors of a Nagpur-based private company Leela Ventures India Pvt Ltd, they claimed.