The Central Bureau of Investigation (CBI) recently carried out searches at five different locations, including four in Ranchi and one in Kolkata, as part of an investigation into a significant loan fraud case. The case revolves around loans worth Rs 5.33 crore that were obtained from the Bank of India’s Ranchi branch under suspicious circumstances.
The Allegations
The loans in question were allegedly secured using false and fabricated documents. Those involved in obtaining these loans include Clear Imaging Service, represented by its proprietor Roomi Saha, and Icon Infra Services, owned by Mayank Saha. Jatin Sahay, who acted as a guarantor for Clear Imaging Service, is also implicated in the case. According to sources, these individuals conspired to acquire the loans from the Bank of India’s Ratu Road branch in Ranchi between 2018 and 2020.
CBI’s Actions
On August 6, the CBI registered a First Information Report (FIR) after preliminary investigations indicated foul play. Following this, the agency conducted extensive searches at the mentioned locations. During these operations, the CBI seized several documents that are believed to be crucial to the investigation. These documents are expected to shed light on how the loans were fraudulently obtained and the extent of the wrongful loss to the bank.
Ongoing Investigation
As of now, the investigation is still ongoing. The CBI is carefully examining the seized documents and gathering additional evidence. More details about the case are likely to emerge as the investigation progresses, and authorities continue to uncover the facts surrounding this alleged fraud.
This case highlights the growing concern over financial frauds and the importance of thorough investigations to hold those responsible accountable. The CBI’s actions demonstrate the agency’s commitment to tackling financial crimes and protecting the integrity of financial institutions.