The accusation against State Bank of Mysore (SBM) that it cheated Karnataka State Pollution Control Board (KSPCB), has taken a new turn with both parties claiming that forged documents have been presented in the case against each other.
While on Friday, the board claimed that SBM had cheated by refusing to return a fixed deposit of Rs. 10 crore even after the maturity of the funds, the Bank, on Saturday, said that it was in possession of the original discharge receipt of the fixed deposit against which the Board had availed itself a loan of Rs. 9 crore.
In a release, SBM said that the documents produced by the Board before the police were forged and some of them were mere colour photo copies of the original documents. The bank officers also claimed that they were in possession of a copy of a resolution by KSPCB to avail itself of a loan against the fixed deposit.
However, KSPCB officials have claimed that the receipt produced by SBM officials was forged.
Meanwhile, Upparpet Police, who have registered a case, have sent the set of documents to the forensics laboratory to determine the authenticity of the documents.
Assistant General Manager of SBM, Avenue Road Branch Ramesh Kumar, who had processed the loan to KSPCB, allegedly committed suicide over the controversy.
Sources say that the loan though availed in the name of KSPCB, its proceeds was forwarded to a third party account without the knowledge of KSPCB and it had come to light on the maturity of the fixed deposits.
State Bank of Mysore, which has initiated an internal inquiry into the case, said that it would be cooperating with the police in the probe.
