Anti-Corruption Bureau (ACB) ha filed a chargesheet against Raj Singh Gehlot, Managing Director, Aman Hospitality Private Ltd., Rakesh Kumar Kharyal and Kuldeep Gupta, then Managers of J&K Bank Ansal Plaza Branch, New Delhi and others in the 270-Crore J&K Bank loan fraud case, officials said today.
“FIR No. 15/2019 dated 24.07.2019 of PS ACB Srinagar was registered on the basis of a source information which was the outcome of a verification conducted into the allegations of financial irregularities in the loans availed by M/s Aman Hospitality Pvt. Ltd. New Delhi from the Ansal Plaza Branch of the J&K Bank New Delhi,” said an ACB spokesman, in a statement.
It was alleged that the officers of J&K Bank Ansal Plaza Branch had given loan worth crores of rupees to this firm and in connivance with the said firm the loan amounts so sanctioned were declared as NPA to facilitate the firm to have a One Time Settlement to its advantage, he said.
The firm, as per the spokesman, had apparently availed loans for the construction of a five star hotel in Delhi with a project cost estimated Rs. 866.89 crores to tune of Rs. 227 crores as Term Loan alongwith Bank guarantee of Rs. 15 crores.
The rest of the loans were availed from other banks by the firm as part of consortium loan for construction of the five star hotel.
