CBI arrests a proclaimed offender in SBI bank faud case
The woman accused was absconding since since 2011
New Delhi, July 2
The Central Bureau of Investigation (CBI) has arrested a woman proclaimed offender who was absconding in a bank fraud case.
The CBI had registered a case in 2005 and chargesheeted the accused along with 28 other individuals.
The charges against accused include defrauding SBI Kabardanga Road branch by fraudulently submitting housing loan application forms for various individuals between June 2004 and August 2004. Incomplete documents were used to sanction housing loans, resulting in a pecuniary loss to the SBI Kabardanga Road branch. The said accused was absconding since since 2011.
The officials stated that continuous efforts by the CBI officers to trace the PO through technical surveillance as well as by cultivating sources for the purpose ultimately resulted in arrest of the accused.
