Pune: Saraswat Bank Chairman Gautam Thakur, MD Smita Sandhane Among 8 Booked In Cheating Case

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Kothrud, 26th December 2021: Based on an order from a judicial magistrate court under section 156 (3) of the criminal procedure core, Pune city police have registered a cheating case against eight-person including Saraswat Bank Chairman Gautam Thakur, Managing Director Smita Sandhane.

The incident took place between 2018 and 2020. Smita Sameer Patil, a resident of Kothrud, has filed a complaint with the Kothrud police station. Accordingly, the FIR has been registered against Saraswat Bank Chairman Gautam Thakur, Managing Director Smita Sandhane, Chief Manager Anand Chalke, Zonal Managers Pallavi Sali, Ratnakar Prabhakar, Vishrantwadi branch manager Abhishek Bhagat, and others.

According to police, the complainant’s company has a term loan account with Saraswat Bank’s Vishrantwadi branch. The bank officials allegedly made a bogus loan account and then sent a proposal to the company on 13th August 2018 for a one-time settlement of Rs 13 crore. The bank allegedly misused cheques given as security for the term loan account by paying Rs 2.5 crore for the fake loan account.

“The bank declared the company’s account as a non-performing asset (NPA) alleging we are not paying instalments regularly. This is nothing but a plot to grab our money”, the FIR states.

Senior Police Inspector Mahendra Jagtap is further investigating the case.