The CBI has booked the Guwahati-based Ghosh Brothers Automobiles and its promoters in an alleged bank fraud of over Rs 168.62 crore in IDBI bank.
The CBI has alleged that the firm, based in Guwahati’s Betkuchi, submitted false and fabricated documents to secure over Rs. 64 crore bank loan to purchase vehicles.
In the FIR, the investigative agency has named as accused four company promoters –
Pranab Kumar Ghosh, Pratul Kumar Ghosh, Gita Rani Ghosh, and Prabir Kumar Ghosh. Along with the four, the chartered accountant (CA) of Ghosh Brothers Automobiles is also under the scanner of the CBI.
The Central Bureau of Investigation (CBI) has registered a case against four promoter-directors. Initial investigation regarding the case has already commenced.
The CBI in a statement said that the accused had availed a loan by submitting false documents and also indulged in the diversion of money.
Source from CBI said, “It is alleged that the accused availed loan by submitting false documents and also indulged in the diversion of money for a purpose other than for which the loan was sanctioned, thereby causing a loss of Rs.168.62 crore as on January 31, 2021, to the bank.”
“As on July 1, 2020, the outstanding balance was Rs.153.38 crore (approx) and the said account became NPA due to non-payment of dues to the bank.” the CBI further stated.
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