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| S.
497(2)---Penal Code (XLV of 1860), Ss.409/419/420/468/471/
109/34---Criminal breach of trust by banker, cheating by personation,
cheating and dishonestly inducing delivery of property, forgery for
purpose of cheating, using as genuine a forged document, abetment--Bail,
grant of---Further inquiry---auto loan s
allegedly sanctioned on bogus documents---Auction of repossessed
vehicles at minmal price--Inquiry conducted after lodging of F.I.R.
revealed hundreds of cases of alleged offences committed in the main
branch of the Bank and that of the accused, but second supplementary
challan submitted by Federal Investigation Agency showed that only six auto loan defaults
were related to the branch of the accused bank officer---Perusal of
second supplementary challan showed that a maximum of two auto loan s were processed and signed by the accused along with his co-accused in his branch, and with regard to one of these loan s,
Bank had already acquired a decree in its favour for the recovery suit
that it filed against the borrower/defaulter---With respect to the
second auto loan ,
accused had jointly signed it with the other co-accused who either had
been let off or had not been sent for trial or had absconded---Case of
accused required further probe into the matter entitling him to grant of
Accused was allowed bail accordingly. |
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