Mon. Feb 26th, 2024

CHANDIGARH: The Punjab Vigilance Bureau (VB) on Thursday has arrested an absconding accused Sharnjit Singh, resident of village Chak Hakeem, Phagwara, now residing in village Bassi Baldad, in Hoshiarpur on costs of defrauding the Punjab Gramin Bank, Phagwara, by taking a mortgage of Rs. 25 lakh on the idea of solid paperwork. He was evading his arrest since three years and 4 months.

Disclosing this right here right now, a spokesperson of the VB stated on this regard a case on the idea of a Vigilance Enquiry, had already been registered underneath FIR No. 11, dated 31-08-2020 underneath sections 409, 420, 467, 468, 471, 120-B of IPC. and underneath part 13 (1) (a) (2) of the Prevention of Corruption Act at VB police station Jalandhar.

He knowledgeable that the above stated accused had received sanctioned this large mortgage in connivance with financial institution supervisor Harbhajan Singh Kapoor and financial institution valuer Satish Kumar Sharma.

He additional knowledgeable that there are whole 16 accused within the above stated case, out of which six accused – Raj Kumar resident of Thatthiala Mohalla, Phagwara, Valuer Satish Kumar Sharma, Subhash Kumar resident of Mahindwani, District Hoshiarpur, Avtar Singh resident of Asha Park Colony, Phagwara, Pankaj resident of Mohalla Ratanpura, Phagwara, Rajesh Kumar resident of Mohalla Ratanpura, Phagwara and Satish Jha of Chak Hakim, Phagwara had already been arrested. The Bureau is looking out for the arrest of the remaining accused, who can be arrested quickly, he stated.

Giving extra particulars of this case, he stated throughout the investigation by VB, it was discovered {that a} residential colony named Bhai Ghanaiya Enclave had been constructed within the whole space of 35 kanal 03 marlas of village Chak Hakeem in Phagwara. Sukhwinder Kaur Atwal and Maninder Kaur Atwal, who’ve equal possession of 8 kanal 15 marla of the world of the stated Khasra numbers of this colony, had given two separate energy of attorneys to Gurcharan Singh Atwal, resident of village Anokhwal, for the upkeep and sale of their land. He had additional appointed Raj Kumar, resident of Thatthiara Mohalla, Phagwara as particular energy of lawyer.

The spokesperson knowledgeable that in keeping with Raj Kumar, throughout the 12 months 2009-10, he was working privately with the stated Avtar Singh Phagwara, then this doc was registered in his identify with the assistance of his proprietor, Avtar Singh. The later was additionally an acquaintance of Gurcharan Singh Atwal.

In the Bhai Ghanaiya Enclave Colony about 101 marla space of land was bought as separate plots however about 74 marla space was remaining as steadiness for roads and streets. This space of land was nonetheless within the income information listed within the identify of above stated Raj Kumar (Mukhtiar-e-Khas) and its proprietor, Avtar Singh Phagwara. The duo with the intention of committing fraud, bought this space (74 marlas) as small plots within the stated Colony on the idea of Fard Jamabandi acquired from income officers. They had wrote the sale contracts within the names of Avtar Singh, Pradeep Kumar, Pankaj Kumar and others who later gave the written contracts of their favor to the supervisor Harbhajan Singh Kapur on the stated Punjab Grameen Bank and to the valuer Satish Kumar Sharma.

All these accused individuals in connivance with financial institution supervisor and valuer, managed to received sanctioned loans amounting to lakhs of rupees on the idea of such Fards from the stated financial institution within the identify of building of recent homes whereas no home could possibly be constructed on the stated land earmarked for roads. All the accused with out establishing any homes, received clicked photos by standing in entrance of the homes of the folks dwelling in different colonies arising in village Chak Hakeem. By doing this, they’d falsely mortgaged homes belonging to different peoples, he stated.

During the investigation it has got here to gentle that in all this fraud, financial institution supervisor Harbhajan Singh Kapoor and valuer Satish Kumar Sharma misused their official positions and offered full assist to the mortgage debtors. Both of them colluded with the loanees and prompted large monetary loss to the financial institution and authorities amounting to Rs.3, 40, 71, 000.

The spokesperson additional added that in the identical manner, the above stated accused Sharnjit Singh had additionally proven to purchase a plot measuring 5 and a half marlas on 29-09-2015 and after mutation he procured mortgage to the tune of Rs 25 lakh from the stated Punjab Gramin Bank with the connivance of supervisor Harbhajan Singh Kapoor and valuer Satish Kumar Sharma for the development of recent home, whereas actually he has not constructed any home on the stated land. In this regard a the above talked about accused has been arrested and can be produced within the competent courtroom tomorrow. Further investigation into this case was underneath progress.

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