Central Bureau of Investigation (CBI) officials on Thursday seized incriminating documents after raiding different places in the States of Telangana and Andhra Pradesh in a case involving an ex-MP from Narsapur of West Godavari district and four bank officials.
A criminal case of causing loss of Rs. 5.73 crore to the State Bank of India’s Narsapur branch was registered by the CBI following an allegation that the ex-MP connived with bank officials and availed loans by presenting fake documents.
It was charged that the former MP colluded with the then chief manager and three field officers of the bank and availed 22 fish tank loans under Kissan Credit Card for a pisciculture scheme.
He was accused of submitting fake annual agricultural income certificates issued in the name of revenue officials.
The documents relating to lease agreement too were fabricated, according to a press release.
