EOW files chargesheet in 122-crore coop bank scam, names 10 accused
Mumbai: The city police's Ec-onomic Offences Wing (EOW), probing the Rs 122 crore New India Cooperative Bank embezzlement case, submitted a chargesheet running into 12,634 pages against 10 accused.
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The accused committed criminal breach of trust and misappropriated the Rs 122 crore cash kept in the safe deposit box of the bank's Prabhadevi and Goregaon offices, claimed the
filed before the 47th Metropolitan Magistrate Court. The misappropriation of funds came to light when an RBI team inspected the bank on Feb 12 and found Rs 122 crore cash missing. The bank's general manager and head of accounts, Hitesh Mehta, was accused of withdrawing large amounts of money by misusing his position.
The chargesheet names Mehta, developer Dharmesh Paun, the bank's former CEO Abhimanyu Bhoan, Dahisar resident Manohar Arunchalam and his son Ulhashnath, civil contractor Kapil De-dhia, Javed Farooq Azam, Ravivaranjan Pandey, and the ba-nk's former vice-chairman Hiren Bhanu and his wife Gauri.
Ajay Singh Rathore from Rajasthan, Pawan Jaiswal from Jharkhand, Shaukat Jamadar from Belgaum in Karnataka, Abhijit Arun Deshmukh of M/s Sanjay Rane & Associates, Lakshminarayan Venkatesh Nayaka of Shinde Nayak & Associates, Subhash Indrajit Mogal, and other associates from MI Mogal & Company, Subhash Indrajit Mogal, have been shown as absconding accused in the case.Mumbai: The city police's Ec-onomic Offences Wing (EOW), probing the Rs 122 crore New India Cooperative Bank embezzlement case, submitted a chargesheet running into 12,634 pages against 10 accused. The accused committed criminal breach of trust and misappropriated the Rs 122 crore cash kept in the safe deposit box of the bank's Prabhadevi and Goregaon offices, claimed the EOW chargesheet filed before the 47th Metropolitan Magistrate Court. The misappropriation of funds came to light when an RBI team inspected the bank on Feb 12 and found Rs 122 crore cash missing. The bank's general manager and head of accounts, Hitesh Mehta, was accused of withdrawing large amounts of money by misusing his position. The chargesheet names Mehta, developer Dharmesh Paun, the bank's former CEO Abhimanyu Bhoan, Dahisar resident Manohar Arunchalam and his son Ulhashnath, civil contractor Kapil De-dhia, Javed Farooq Azam, Ravivaranjan Pandey, and the ba-nk's former vice-chairman Hiren Bhanu and his wife Gauri. Ajay Singh Rathore from Rajasthan, Pawan Jaiswal from Jharkhand, Shaukat Jamadar from Belgaum in Karnataka, Abhijit Arun Deshmukh of M/s Sanjay Rane & Associates, Lakshminarayan Venkatesh Nayaka of Shinde Nayak & Associates, Subhash Indrajit Mogal, and other associates from MI Mogal & Company, Subhash Indrajit Mogal, have been shown as absconding accused in the case.
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