Crime
CBI chargesheets former CMD, 2 officials of Corporation bank in fraud case
The CBI on Friday said it has filed a supplementary chargesheet against a former chairman cum managing director and two others of the Corporation Bank in connection with a bank fraud, officials said on Friday.
The chargesheet was filed in a Mumbai Court.
The case in which Ramnath Pradeep, the former CMD, Corporation Bank, S.N. Murthy Shankar, the former Chief Manager, and A.P. Shiva Kumar, the former senior manager of the Bank have been chargesheeted, was registered in 2017.
According to the officials, the Corporation Bank had lodged the case against it’s officials and a Mumbai based private firm.
The private firm was incorporated in 1994 was engaged in manufacturing of Aluminium Foil Containers. They allegedly took credit of Rs 60 crore from e-Corporation Bank (now UBI). The firm which took the loan for doing business allegedly diverted the fund.
“After diverting the fund, the firm invested it into real estate. Thus they caused a huge loss to the bank in the name of loan,” they said.
The complaint filed by the bank had mentioned about the involvement of it’s high rank officials. The Bank officials allowed disbursement of Rs 59 crore without confirming the drawing power with the lead bank.
As per the officials, “The accused bank officials also extended the time limit to the private firm for seeking NOC from the lead bank inducting Corporation Bank in consortium. They subsequently dispensed with the condition of seeking NOC from the lead bank of the consortium.”
The former CMD of the bank sanctioned working capital limit of Rs 60 crore to the firm on the pretext of refusal by three of the existing banks of consortium to share the enhanced limits.
It was alleged that the accused did not ensure seeking confirmation from three banks about the reasons for refusal to take their share in enhancement of limits and sanctioned their share without ascertaining the factual position of financial closure and tie-up status.
Sanction of said CC limit was in contravention of the lending policy of the bank.
The accused bank officials also waived the condition of obtaining NOC from Lead Bank which caused the bank financial loss.
As per the officials, “The accused associated in the appraisal of the sanction proposal of private firm knowing fully that the applicant of the loan was neither a director nor an authorized signatory of borrower company.”
They associated in preparing the memorandums for modifications of the sanction terms with regard to the private firm and did not verify the actual position of the working capital requirement of company from the lead bank, the sources said.
It was also alleged that the accused did not comply with the modified sanction terms and allegedly disbursed the loan without informing the Lead Bank about the sanction.
In December 2020, the CBI had filed it’s first chargesheet in the matter.
Crime
A powerful explosion near Delhi’s Red Fort… High alert across Delhi after the blast; 8 people killed; forensic team arrives at the scene.

New Delhi: A car explosion near Gate No. 1 of the Red Fort Metro Station on Monday evening caused widespread panic. The force of the blast was so intense that a part of the car landed on the Lal Mandir, located near the Red Fort. The temple’s glass shattered, and doors and windows of several nearby shops were damaged. Several people were reported injured in the incident.
Immediately after the blast, fires were reported in nearby shops. Tremors were felt as far as the Bhagirath Palace area of Chandni Chowk, and shopkeepers were seen calling each other to inquire about the situation. Several buses and other vehicles were also reported to have caught fire.
The fire department received a call about the car explosion in the evening. Following this, it immediately dispatched six ambulances and seven fire tenders to the scene. Relief and rescue operations are underway, and efforts are underway to control the fire.
The cause of the explosion is still unknown. Police have cordoned off the area, and investigating agencies are gathering evidence at the scene. Initial reports suggest the explosion occurred in a car, but its nature and cause are still unclear. Security has been increased throughout the Red Fort and Chandni Chowk areas following the incident.
Crime
Thane: Man Stabbed To Death In Dombivali Hotel After Minor Altercation

Thane: A man was stabbed to death in Dombivali in Thane district during an altercation after he accidentally brushed against another person, a police official said on Monday.
The incident took place in a hotel in the early hours of Sunday in MIDC Phase 1 area, the Manpada police station official said.
“Akash Bhanu Singh (38) and his friends were having dinner at the hotel when he accidentally brushed against the accused, who picked up a fight. He along with some others stabbed Singh to death. Two of Singh’s friends, who tried to save him, also sustained injuries and have been hospitalised,” the official said.
Four persons were booked under Bharatiya Nyaya Sanhita sections for murder and other offences, though no arrest has been made, he said.
Crime
‘Don’t You Know Marathi?’: Vadapav Vendor & Two Others Assaulted By Four Men Over Language Dispute In Kalyan

Mumbai: In a troubling incident on Sunday night in Kalyan East near Chakkinaaka and Santoshnagar, a vadapav vendor and two of his companions were brutally assaulted by four men. The attack occurred after the assailants asked the vendor, “Do you know how to speak Marathi?” and began the assault when he did not respond affirmatively.
The vendor, identified as Vishnu Thapa, and his co-workers told police at the Colsewadi station that they work at a small eatery named Riddhi Bhojanalay. Around 8 pm two unknown men arrived at the shop, ate food and left. They returned shortly after and confronted Thapa with the question “Marathi yet nahi ka?” (“Don’t you know Marathi?”). Without waiting for a response they started beating him. He suffered serious injury to his nose in the first attack.
After the two men left, Thapa and his colleagues resumed work. Minutes later the men returned, this time bringing two others. The group of four again raised the language question and launched a fresh attack. Co-worker Madan Thapa was hit with a stone slab. Another colleague, Ali Khan, had his mobile phone smashed to the floor amid the chaos. The assailants also vandalised the shop, throwing food, utensils and trays outside.
The three victims were taken to hospital for treatment. A First Information Report has been registered at the Colsewadi police station and investigations are underway, with Police Constable Jadhav assigned to the case. Locals say the area has long been troubled by harassment of street vendors and extortion attempts; some offenders had been removed by police about 18 months ago.
The incident has raised serious concerns among workers and local vendors who feel vulnerable in the wake of such attacks. For many migrants eating and operating in the city, language and region should not become triggers for violence. City police have been urged to increase patrols in the zone and ensure protection for small street-vendors, especially during late evening hours.
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