THE CBI anti-corruption branch in the city carried out raids on eight places, including residence of suspended senior manager of Allahabad Bank, Jankipuram branch, Amarnath Sahu, here on Wednesday.
The raids were conducted as part of investigation into the Rs 3.5-crore bank loan scam involving the senior manager and others.
CBI sources said the sleuths had collected vital documents related to the scam containing the details of the loans taken under forged names from the bank.
Primary investigation revealed that the bank released loan of Rs 3.5 crore to different firms. However, the probe revealed the firms did not deposit any loan instalments. As the bank authority tried to realise the sum and subsequently initiated action, they came to know that the names of the firms mentioned in the documents did not exist. After the inquiry, Sahu’s role was found to be suspicious. Later, the matter was handed over to the CBI.
CBI sources further said while probing the case, it was found that the beneficiaries had duped the bank in connivance with Sahu. Sahu had allegedly deposited a hefty amount from the loan amount in his son’s bank account. On Thursday, simultaneous raids were conducted at residence of Sahu located at 2/335, Vishwas Khand, Gomti Nagar. Raids were also carried on the residences of Prem Kumar and Mamta Sinha at A-34, Rajajipuram colony and on Osama Sabra’s residence at 292/57, Tulsidas Marg, Chowk.
Also, the CBI carried out raids on MZ Hashmi’s house at 18/488, Indira Nagar, Saurabh Sahu’s at Snehi Nagar, Anil Kumar Rai’s at B-109, Aliganj, Krishna Murari Yadav’s at LDA Housing Scheme, Sitapur Road and Akhilesh Kumar Singh’s at 5/307, Viram Khand, Gomti Nagar. While Prem Kumar and Mamta Sinha, Osama Sabra and MZ Hashmi borrowed money to start their business, Saurabh Sahu ran his garment business in the name of Profile Men’s wear. Similarly, Anil Kumar ran a liquor business in the name of his firm Seema Sales, Yadav was the owner of Unit Traders and Singh owned Kumar Constructions.
Also, the CBI carried out raids on MZ Hashmi’s house at 18/488, Indira Nagar, Saurabh Sahu’s at Snehi Nagar, Anil Kumar Rai’s at B-109, Aliganj, Krishna Murari Yadav’s at LDA Housing Scheme, Sitapur Road and Akhilesh Kumar Singh’s at 5/307, Viram Khand, Gomti Nagar. While Prem Kumar and Mamta Sinha, Osama Sabra and MZ Hashmi borrowed money to start their business, Saurabh Sahu ran his garment business in the name of Profile Men’s wear. Similarly, Anil Kumar ran a liquor business in the name of his firm Seema Sales, Yadav was the owner of Unit Traders and Singh owned Kumar Constructions.