Police file case against Andhra Bank CMD, 4 others for cheating

Aug 19 2014, 01:13 IST
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SummaryThe FIR says that according to Dr Raju, who is the complainant, the bank issued an advertisement for auction of a plot near Kothapatnam railway gate in Ongole.

The Hyderabad police have registered a criminal case against Andhra Bank CMD CVR Rajendran and four other officials in connection with an auction of a plot in Ongole town in Prakasam district of Andhra Pradesh.

The police received a court referred complaint and a case was registered by the Saifabad police on August 11 against CVR Rajendran and four others for alleged criminal conspiracy, cheating and other relevant offences under the Indian Penal Code. Accordingly, an FIR was filed with the city police. The CMD was not available for comment.

The FIR says that according to Dr Raju, who is the complainant, the bank issued an advertisement for auction of a plot near Kothapatnam railway gate in Ongole. He and his friends paid R2.26 lakh in August 2013 while the balance R6.78 lakh was paid in September 2013. But when they sought to get possession of the land, the bank officials allegedly issued a sale certificate for another plot which was not near the railway and was in fact a pond about 1 km away, contrary to the advertisement.

“When the complainant demanded and requested them to register plot No 218 only after having identified the same with correct survey numbers and he gave vague reply stating that the bank has got the right to register any plot without even identifying it. Thus the accused persons A-1: CVR Rajendran, A-2: Ch. Ram Prasad, A-3: K.V. Subbaiah, A-4: Authorised Officer and A-5: N. Sravan Kumar played fraud upon the complainant and cheated him all of them conspired and given false statement and false documents and believed the complainant as genuine. Thus they requested to take necessary action against them as per law (sic),'' says an FIR report which is available with FE.

Raju sought refund of the money, but bank officials refused. He then moved the magistrate's court, seeking action against the officials for the alleged fraud. Police officials say Rajendran will be questioned.

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