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Vyapam Case: SC to hear CBI’s plea to allow SIT to file charge sheets

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New Delhi, (IANS) The Supreme Court will take up on July 20 the CBI’s plea to allow the Madhya Pradesh Special Investigation Team (SIT) overseeing the probe in the Vyapam scam to file charge sheets in cases where investigation has been completed.

This, the court was told, was necessary to thwart any attempt by the accused to seek “default bail” on the grounds of delay in filing charge sheet within 90 days of their arrest.

The apex court bench of Chief Justice H.L. Dattu, Justice Arun Mishra, and Justice Amitava Roy said that they would take up the matter on July 20, after Additional Solicitor General (ASG) Maninder Singh said 185 Vyapam cases that had to be transferred from the Special Investigation Team to the CBI as ordered by the apex court on July 9 would take time.

The ASG said any delay in filing the charge sheets within the stipulated 90 days could be taken advantage of by the accused for seeking “default bail”.

The apex court had on July 9 handed over the investigation into the Vyapam scam to the Central Bureau of Investigation involving government medical colleges.

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The CBI Arrests Two Senior Retired Officers Of Bank Of India

The agency in an FIR had said that the DPIL, which manufactures electric cables and

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The CBI Arrests Two Senior Retired Officers Of Bank Of India: Bank Of India Fraud
The CBI Arrests Two Senior Retired Officers Of Bank Of India: Bank Of India Fraud. IANS

The CBI today arrested two senior retired officers of Bank of India in connection with alleged loan fraud of Rs 2,654 crore by Vadodara-based Diamond Power Infrastructure Ltd. (DPIL) in the bank. V V Agnihotri and P K Shrivastava, retired GM and DGM respectively, had allegedly granted undue favours to the company in granting credit limits, the officials said.

They said both have been arrested today and will be produced before special court in Ahmedabad tomorrow.The promoters of the company were arrested in April this year. The agency in an FIR had said that the DPIL, which manufactures electric cables and equipment, is promoted by Suresh Narain Bhatnagar and his sons Amit and Sumit, who are also the directors of the firm.

Bank of India
Bank of India. Flickr

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The loan, it said, was declared a non-performing asset in 2016-17. “It is alleged that the DPIL, through its management, fraudulently availed credit facilities from a consortium of 11 banks (both public and private) since 2008, leaving behind an outstanding debit of Rs 2,654.40 crore as of June 29, 2016,” the agency had said. (IANS)

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