The CBI has registered a case against a Delhi-based private firm and others for causing an alleged loss to the Punjab National Bank to the tune of Rs 252.61 crore and conducted searches on Tuesday against the accused entity and individuals.
The CBI registered the case on a complaint from Punjab National Bank (PNB) against the private company (borrower company) SVOGL Oil Gas & Energy Ltd., Padam Singhee, Managing Director and Prem Chimanlal Singhee, Director of the accused company besides unknown public servants for causing an alleged loss of Rs. 252.61 crore to the public sector lender.
The complainant has informed that the fraud was detected on June 18, 2016 and reported to Reserve Bank of India (RBI) on August 15, 2019.
The private firm, incorporated in 1989, is said to have been started as on shore service providers to oil and gas industry in India. The searches were conducted at three locations in Delhi at the premises of the borrower company and its directors.
Meanwhile, the CBI on Tuesday arrested a Senior Section Engineer (SSE) of Carriage & Wagon (C&W), Northeast Frontier (NF) Railway, Dibrugarh Coaching Depot, Tinsukia Division (Assam) for demanding and accepting an alleged bribe of Rs One Lakh from the complainant.
A case was registered on a complaint against the official on the allegations of demanding a bribe from the complainant for clearing the pending bills in respect of contract agreement relating to work of Mechanized Railway Coach Cleaning at Coach Cleaning Depot, NF Railway, Dibrugarh.
The CBI laid a trap and caught the accused red-handed while demanding and accepting the bribe of Rs One Lakh from the complainant.
Searches in this case were conduced at the residential and official premises of the acused which led to recovery of some incriminating documents, it said.