SRINAGAR: The Central Bureau of Investigation (CBI) has filed an FIR against Gurugram’s Ambience Mall owner Raj Singh Gehlot in a fraud case of over Rs 289 crore involving the Jammu and Kashmir Bank. Along with Raj Singh Gehlot, some bank officials have been put under investigation for allegedly conspiring to defraud public money.
According to the FIR,the Anti-Corruption Bureau (ACB) verified the allegations that the officials of J&K Bank’s Ansal Plaza branch in New Delhi had issued loans worth hundreds of crores of rupees in the name of Raj Singh Gehlot’s firm, Aman Hospitality Private Limited.
Later, with the connivance of the firm and bank officials, the loan amount was declared a non-performing asset (NPA) to facilitate a one-time settlement for providing an advantage to the firm.
Aman Hospitality Private Limited, officials said, obtained a term loan worth Rs 227 crore. He had acquired Rs 15 crore as bank guarantee limit while availing the rest of the loan amount from the J&K Bank against the mortgage of a project land, measuring 20,000 square metres. The project included building a five-star deluxe hotel complex in Delhi’s Shahdara.