Summary:
New Delhi: An assistant general manager from the private bank had accused a person of defrauding the bank. "The suspect had approached his bank for sanction of credit facilities. Accordingly, various loan facilities were sanctioned to suspect company," the complainant told the police. The complainant further told the investigating agency that Singh had also filed forged and fabricated VAT return with the bank. "The suspect in the case fraudulently and dishonestly induced the bank to sanction credit facilities and thereby has defrauded the bank to the extent of Rs 351.31 lakh..