The Central Bureau of Investigation (CBI) has today arrested a Proclaimed Offender (PO) Surender Kumar who was absconding in a bank fraud case.

CBI had registered a case on 23.03.2021 on complaint of AGM, Stressed Asset Management Branch (SAMB), Bank of Baroda, alleging that Directors/Guarantors of a private company (borrower), the said private company and unknown public servants and private persons committed fraud during the period 2009 -2017 to the tune of Rs. 2121.52 lakh (approx) in the loan accounts of Bank of Baroda and Standard Chartered Bank.

Chargesheet was filed against 08 accused including absconding accused on 29.12.2022. Absconding accused was also involved in diversion of funds, in conspiracy with promoters of borrower company. The said accused Surender Kumar submitted forged Letter of Credit (LC) in the bank and transferred the fund to his two concerns/firms.

The accused Surender Kumar neither joined investigation nor trial proceedings of the Court. Proceedings U/s 82 & 83 Cr.PC were issued against him. He was declared Proclaimed Offender on 25.08.2023. Thereafter, Standing warrant was issued by the Ld. Court of Special Judicial Magistrate, CBI, Ghaziabad against him.

In compliance of standing warrant, CBI team apprehended PO Surender Kumar today i.e. 24.09.2024 at Kamla Nagar, Delhi. He was produced in the Court of Special Judicial Magistrate, CBI, Ghaziabad and the Ld. Court sent him for three days judicial custody upto 27.09.2024. Earlier, in the same case, another Proclaimed Offender Mohit Shah was apprehended by CBI on 24.07.2024 who is presently in judicial custody.

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