CBI arrests Chennai Port Trust official in Rs 45.40 cr FD pre-closure scam

Chennai, Mar 22 (UNI) The Central Bureau of Investigation (CBI) today arrested an Assistant Superintendent of Chennai Port Trust (CPT) in an on-going investigation of a case related to Rs 45.40 crore bank fraud in which fixed deposits of (CPT were fore-closed/pre-closed fraudulently. The arrested accused was produced before the Special Judge, CBI Cases, Chennai and remanded in judicial custody, CBI sources said. CBI had registered a case on July 31, 2020 on a complaint from Indian Bank, against two private persons; Bank’s Koyambedu Branch Manager, and other unknown public servants and private persons on the allegations of committing fraud, forgery, impersonation with the intention to cheat the bank. The CBI said losses to the tune of Rs. 45,40,65,000/- (RS 45.40 crore) was caused to the bank by way of foreclosing/pre-closing of several term deposits (fixed deposits) created in the name of CPT and also transferring /withdrawing the said amount through various accounts etc. It was further alleged that the accused in conspiracy with each other canvassed the bank and CPT for opening of term deposits in the bank’s Koyembedu Branch and accordingly, 45 Term deposits (FD) were created during the period between March 2020 and May 2020. One of the accused allegedly impersonated himself as Deputy Director (Finance) of Chennai Port Trust and opened fake…