SHILLONG: The Central Bureau of Investigation (CBI), Shillong registered a case against a public servant and seven other individuals on March 27 based on a complaint of Meghalaya Rural Bank (MRB) for alleged fraud amounting to Rs 14.34 crore.
Sources informed that eight CBI teams led by a Deputy SP and comprising inspectors raided the residences of the accused at eight different locations and recovered incriminating documents relating to the fraud at the Iewduh branch of Meghalaya Rural Bank, here. The fraud was detected during an internal inquiry by the bank.
The inquiry conducted by the Chief Vigilance Officer (CVO) of MRB revealed serious acts of commission and omission on the part of Kyrshan Rympei, the then Branch Manager, Iewduh Branch, in collusion with private persons/borrowers/guarantors, while sanctioning and disbursement of various credit facilities to private persons, including cash credit, housing loan, general credit card, small business term loan, small business cash credit and small business finance cash credit.
The case has been taken up for investigation.
