During the investigation of a loan fraud by Sambandh Finserve Pvt. Ltd., the EOW identified 47 accounts maintained with different nationalised and private banks and froze the available balance. The frozen amount comes to Rs 17,10,66,862.
The above referred case has been registered on the allegation of fraudulent availing of loan to the tune of Rs 5 crores on the basis of forged documents by Sambandh Finserve Pvt. Ltd. from Annapurna Finance Pvt. Ltd. and misappropriation of the same.
During the investigation, it came to light that Sambandh Finserve Pvt. Ltd. represented though its MD Deepak Kindo, in a similar manner had fraudulently raised funds of more than Rs 100 crores from different investors/ lenders including Annapurna Finance Pvt. Ltd. (the complainant company), DCB Bank, SIDBI (Small Industries Development Bank of India), BOPA PTE Ltd. (a Singapore based Company) and DIA Vikash Capital Pvt. Ltd., etc. and misappropriated the said amount, without using it for the purpose it was availed.
Earlier in this case Amrita Kindo, wife of Dipak Kindo has been arrested, who has misappropriated a considerable amount by way of diverting the amount to her business account.
It has been ascertained that the 47 bank accounts are being maintained by Deepak Kindo and his wife Amrita Kindo and other closed relatives in their own names as well as in the names of their business establishments/firms/companies.
Further investigation of this case is on.
