THE EAR­LIER CASE

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - HTNAVIMUMBAI -

Five peo­ple, in­clud­ing Kapil Ra­jput, 46, di­rec­tor of Dwarka Group of In­dus­tries, and an as­sis­tant gen­eral man­ager of Pun­jab Na­tional Bank, who al­legedly pock­eted a loan meant for an­other per­son were ar­rested by the Vashi po­lice in Fe­bru­ary. Ac­cord­ing to the po­lice, Subhrata Dutta, 48, a busi­ness­man from Malad (West) had ap­plied for a loan of Rs16 crore from the Vashi branch of Pun­jab Na­tional Bank in 2012. A few months later, he came in touch with a few fi­nance bro­kers who as­sured him help in get­ting the loan sanc­tioned. In re­turn, the bro­kers asked him to run their com­pany Pre­mium Polyester Pvt Ltd and to de­posit Rs2.5 crore to their ac­count of Pun­jab Na­tional Bank (Vashi branch) as se­cu­rity de­posit. Once the money was de­posited by Dutta, it was trans­ferred to the ac­count of Dwarka group.

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