New Delhi: Four former bank workers booked for Rs 209 cr fraud

The CBI has filed a case against two former additional general managers and two ex-chief managers of Syndicate Bank and others for causing an alleged loss of Rs 209 crore to the bank

New Delhi: The CBI has filed a case against two former additional general managers and two ex-chief managers of Syndicate Bank and others for causing an alleged loss of Rs 209 crore to the bank.

"CBI filed the case under Sections of criminal conspiracy, cheating and forgery of the IPC and Prevention of Corruption Act following a complaint from Syndicate Bank against its ex-employees," an official said on Saturday.

It is alleged that the four former bank officials and six others, including a chartered accountant and a builder, co­mmitted fraud in the bank's two branches in Jaipur and Udaipur in Rajasthan.

"An alleged loss of Rs 209 cro­re was caused to the bank as the accused conspired and av­ailed home loans and credit facilities from Jaipur and Ud­a­ipur branches of Syndicate Bank on the basis of forged documents," CBI spokesperson RK Gaur said.

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