Wednesday, July 3, 2019

Bank officials Indulge in Multi Crore Scam: SBI Management Instead of Taking Actions, Defending their Officials


By Samachar Digital News
Chandigarh 03rd July:- Officials at the loan division of the State Bank of India, Sector 17 are under scanner in a multi crore scam are exposed now after the intervention of Ombudsman. Bank Ombudsman has termed this entire episode as ‘scam’, despite that bank is trying to defend their officials and all set for putting the victim’s lady house on auction. Victim lady is knocking all concerned departments including RBI to save her pride.
Kapurthala based Sonia Bawa while briefing media today at Chandigarh Press Club said way back in 2011, she and her business partner Sukhwinder Singh formed a company – Ekam Impex in which she hold 80 percent stake. Both applied for Rs four Crores loan in which Kiranjit Bawa, husband of Sonia put the guarantee. Loan was approved in year 2012 in which both the partners were signatory.
Sonia Bawa had a personal overseas trip in July 2012. Her partner, Sukhwinder cash on this opportunity and applied for more loan amount. He made a plot with nearly half dozen of SBI officials and put 66 marlas house (which evaluated for five crores 77 lacs rupees) for the approval of 7.5 Crores rupees.
In September 2012, Sukhwinder giving excuse of shifting the bank account from smaller branch to bigger one, made signed Sonia Bawa on few documents along with fake ones, which was part of the plot.
Sonia learnt about the increased loan amount in March 2014 when bank served a notice to her for non-payment. Sonia lodged the police complaint and then DGP formed a SIT for inquiry. During the investigation, fourteen people including five bank officials were charge sheet for this forgery.
She said all culprits were arrested and now released on bails from various courts. Despite all, when bank was all set for putting their house on auction, they approach towards RBI’s Ombudsman. Authorities after thorough investigation held bank responsible and term this as ‘scam’. Ombudsman also directed the SBI to react and take necessary actions against the officials.
Sonia Bawa has urged from State and Central Govt for their intervention as SBI management already had deaf ears to Banking Ombudsman.  
Whereas when tried to contact with the senior officials of the loan branch, their mobile phones were out of reachable.

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