CBI arrests absconding accused in cheating to Indian Bank

Jalandhar, February 7,2013: The Central Bureau of Investigation has arrested an absconding accused (a Proprietor of Delhi-based private firm and resident of Keshav Puram, Lawrence Road, New Delhi) in a case relating to cheating the Indian Bank Shalimar Bagh Branch, New Delhi and causing loss of about Rs.1.25 crore.

A case was registered on September 11, 2009 on the basis of a complaint received from the General Manager & Circle Head, Indian Bank, New Delhi.  It was alleged that the accused persons entered into criminal conspiracy with each other along with officials of Indian Bank, Shalimar Bagh Branch, New Delhi and cheated Indian Bank Shalimar Bagh Branch, New Delhi to the tune of Rs.1.25 crore by obtaining OCC limit during 2009.

After investigation, a charge sheet was filed against 08 accused persons in the Court of Special Judge, CBI, Rohini Courts, Delhi on October 30, 2010. The said accused was absconding after commission of the crime and did not join the prosecution even after issuance of arrest warrants & process of proclamation U/s 82 and 83 of Code of Criminal Procedure by the Court of Special Judge.  He was declared Proclaimed Offender by the Court on January 30, 2012.  With persistent efforts, the CBI could reach to his whereabouts and ultimately the absconding accused was arrested.