Raipur. Another accused has been arrested in the 16 crore forgery case. According to the information, the applicant B Anand Cluster Head Axis Bank Raipur lodged a report in police station Muzgahan that Ch. State Agricultural Market Board’s bank account number 900010025774139, in which Satish Verma and Chandrabhan Singh, along with their associates, by fraudulently issuing check books, fraudulently transferred the amount through check books and through the same check books, Transferred money fraudulently to bank accounts. In this way, the accused defrauded the bank to the tune of Rs.16,40,12,655/- by cheating the bank in an illegal manner for their own benefit with the intention of causing wrongful loss and dishonesty. On which crime number 105/22 Section 420, 467, 468, 471, 34, 120B, 409, 419 Bhadvi was registered against the accused in police station Muzgahan. Offense was registered. While tracing the accused under the direction of senior officers, 05 accused have been arrested in the case from Raipur/Durg, 02 accused from Hyderabad, 01 accused from Bangalore and 01 accused from Mumbai.
On the basis of interrogation of the arrested accused, receiving Rs 1,98,38,998/- in the account of Israr Salim, a resident of Karnataka, involved in the incident, and transferring it to the accounts of his wife, brother and other acquaintances and spending on himself. Told. On which the accused Israr Salim has been arrested and brought to Raipur on transit remand. In the case so far Rs 2 crore 34 lakh cash has been seized and Rs 1 crore 18 lakh deposited in different bank accounts have been held, thus a total of Rs 03 crore 52 lakh has been seized and held.
Separate teams have been formed and sent to several states to trace other accused involved in the case. All possible efforts are being made to recover the amount and to arrest the other accused involved in the case in the direction of financial loss caused to the bank by the accused.
Arrested accused:- Israr Salim father Abdul age 40 years resident M.No.510 Divya Nilaya Kalamma Street I.T.C. Main Road R.S. Palaya Kaman Halli Bangalore Thana Banaswadi North Bangalore.
