CBI on Monday filed its first chargesheet in one of the cases registered in the multi-crore kickbacks-for-loans scam against Maninder Singh Johar, a former director of Central Bank of India, and three others including alleged kingpin Rajesh Sharma, the Chairman of the firm 'Money Matters'.
CBI, on November 24 last year, registered five cases and arrested LIC Housing Finance CEO Ramchandra Nair; Naresh Chopra, Secretary (Investment) LIC; R N Tayal, General Manager of Bank of India (Delhi); Maninder Singh Johar, Director of Central Bank of India; Venkoba Gujjal, Deputy GM of Punjab National Bank (Delhi).
Rajesh Sharma and two other employees of Money Matters - Sanjay Sharma and Suresh Gattani - were also arrested.
The agency today filed chargesheet before a special CBI court here against Johar, Rajesh, Sanjay and Gattani. All the four have been booked under various sections of IPC for conspiracy and fraud, and also under the Prevention of Corruption Act.
According to CBI, Johar received Rs 30 lakh from Money Matters for providing undue favours to M/s Lavasa.
The agency contends that officials of the LIC and the banks colluded with Sharma's firm to sanction large loans to housing firms, overriding mandatory pre-conditions. The accused were also engaged in gathering confidential business information from financial institutions, the agency said.
CBI is likely to file chargesheets in the other four cases soon.