Delhi Police EOW arrested loan agent for allegedly siphoning off funds
New Delhi, April 3
The Delhi Police EOW arrested loan agent for allegedly siphoning off funds from Delhi Sehkari Nagrik Bank Limited.
The accused was identified as Gyase Ram, a resident of
As per the case details, the DSNBL official complained to EOW that one Braham Prakash obtained membership and loan of Rs. five lakhs from DNSBL, Lajpat Nagar Branch on the basis of forged stamp of notary public on the documents of the property. The accused Gyase Ram being loan agent facilitated accused Braham
Prakash for obtaining loan from DNSBL by filing forged affidavit along with forged documents of property with loan application.
The accused has been booked under Section 420, 468, 471 and 120-B IPC and under Section 118 Delhi Co-Operative Societies Act.
The officials added that during investigation, on examination scrutiny of statements of bank accounts of accused Braham Prakash, it was revealed that accused Gyase Ram is beneficiary of Rs. 1.28 lakh out of total loan of Rs. 5 lakh granted to accused Braham Prakash. In view of sufficient incriminating evidence on record, loan agent Gyase Ram was arrested.
Explaining their modus operandi, the complainant bank Delhi Nagrik Sehkari Bank Ltd. give loans to their members for their personal requirement against collateral securities. Loan agent facilitates borrowers in arranging loans on forged documents.
The EOW carried out unabated raids in the area of Mukhmailpur in Delhi to arrest the accused, resulting therein accused Gyase Ram surrendered before the court.
The officials further said that Gyase Ram was convicted for a sentence of six years in a case of CBI earlier in 1997. He was previously also involved in similar cases in
Alipur and Amar Colony.
The officials stated that he has obtained loan from various banks and defaulted in repaying. The banks include Canara Bank, Rohini Branch, Delhi, Allahabad Bank, Wazir Pur Branch, Delhi, Jain Co-operative Bank, Darya Ganj, Delhi and Vijaya Bank, Samaypur Badli Branch, Delhi, Syndicate Bank, GTB Nagar Branch, Delhi, Syndicate Bank, Haider Pur Branch, Delhi, SBI, Adarsh Naga Branch, Delhi, UCO Bank, Sabzi Mandi, Branch, Delhi
Punjab National Bank, Shingola Branch, Delhi, State Bank of Bikaner and Jaipur, Samay Pur Badli Branch, DNS Bank Ltd. Lajpat Nagar Branch, Delhi, DNS Bank Ltd. Karawal Nagar Branch, Delhi and the Sagwan Co-operative Society
The EOW is further investigating the case..
