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Fresh FIR against ex-chairman of co-op bank, others in Mumbai

Mumbai, June 19 (UNI) The Economic Offences Wing (EOW) of Mumbai Police has registered a fresh case against the then chairman of New India Cooperative Bank and 12 others for allegedly indulging in fraudulent practices and causing a loss of Rs 24.93 crore to the bank through loan fraud, official said on Thursday.
A case was registered at the Dadar police station which was on Thursday transferred for the investigation to the EOW, a senior official said.
The New India Cooperative Bank fraud surfaced in February, when a surprise audit by the Reserve Bank of India revealed that ₹122 crore had been spirited away from the bank’s cash reserves.
The EOW has since registered several FIRs.
Police had earlier attached 21 properties worth ₹167.85 crore that belong to five accused in the case.
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