Navi Mumbai: The CID, which is probing the Karnala Nagari Sahakari Bank scam, has found that the loan fraud amount is Rs 543 crore and not Rs 513 crore as assessed earlier by the state cooperative department auditor. The CID has initiated the process to seek custody of the accused.
Following an RBI alert, the state cooperative department auditor lodged an FIR against 76 persons, including the bank chairman Vivekanand Patil, at Panvel city police station, on February 18, 2020, in connection with the fraud. The probe was handed over to Navi Mumbai police economic offences wing and then to the CID. Patil has been sent to ED custody till June 25, 2021 by a Mumbai court. “The Karnala Nagari Sahakari bank fraud was done through overdraft credit (ODC). Our teams have detected 67 ODCs collectively amounting to Rs 543 crore. Therefore, the loan fraud amount has increased,” said Rajani Sarode, deputy SP, CID-Pune.