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Former bank manager held in car loan racket case in Chennai


Former bank manager held in car loan racket case in Chennai
Updated:
Updated:
December 13, 2020 15:31 IST
Police said the 58-year-old had sanctioned car loans to the tune of ₹1.44 crore without verifying documents or following the norms of the bank
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Police said the 58-year-old had sanctioned car loans to the tune of ₹1.44 crore without verifying documents or following the norms of the bank
The Anti-Bank Fraud Wing of the Central Crime Branch has arrested a former manager of a nationalised bank for sanctioning car loans for high-end cars based on forged documents.
In pursuance of their investigation, the police have arrested K. Venkataramanan, 58 of Amma Mandapam, Srirangam. The charge against him is that while he was the manager of then Corporation Bank in Teynampet, now Union Bank of India, he sanctioned car loans to the tune of ₹1.44 crore to Mohammed Musamil (one of the accused in the case) and his mother Nasima Ban ....

Tamil Nadu , Nasima Banu , Mohammed Musamil , Amma Mandapam Srirangam , Thillai Govindan , Vijaya Bank , Indian Overseas Bank , Corporation Bank , Alwarpet Branch , Punjab National Bank , Union Bank , Anti Bank Fraud Wing , Central Crime Branch , Amma Mandapam , தமிழ் நாடு , நசிமா பானு , அம்மா மண்டபம் ஸ்ரீரங்கம் , தில்லை கோவிந்தன் , விஜயா வங்கி , இந்தியன் ஓவர்‌ஸீஸ் வங்கி , நிறுவனம் வங்கி , அல்வார்பேட்டை கிளை , பஞ்சாப் தேசிய வங்கி , தொழிற்சங்கம் வங்கி , எதிர்ப்பு வங்கி மோசடி சாரி , மைய குற்றம் கிளை ,