Hyderabad: The detective department of the Central Crime Station (CCS) has registered a criminal case against some officials of Canara Bank’s MG Road Branch in Secunderabad along with some private individuals for their alleged role in forgery, forgery for the purpose of cheating and dishonestly using as genuine a document which they knew to be forged.
The FIR (68 of 2022) named four officials of Canara Bank – Jayachandra Kumar, G. Nagaiah, both chief managers A.V.S. Murthy, AGM, K. Prakash Reddy, DGM, as accused. The FIR also names private individuals Chada Padmakar Reddy and Chada Malla Redddy, both directors of Eversure Aqua Solutions.
The complainant, 63-year-old Dalit woman, Gajjala Jayamma, resident of Gachibowli, said that Padmakar Reddy and Malla Reddy have lured her son G. Shailendar to join their company Eversure Aqua solotions Private Limited, Padmavathi Plaza Madhapur as a director in 2011-12.
Later, on the pretext of developing the business, the duo made her son deposit the property standing on her name for obtaining a loan from the bank. However, the duo did not use the money borrowed from the bank to develop the business. Instead, they transferred the funds to the accounts of their wives and relatives.
“The senior citizen came to know that Padmakar Reddy and Malla Reddy in collusion with some bank officials have forged her signature to borrow additional loan amounts. The accused including the bank officials have granted additional loan amounts without the knowledge and consent of my mother who is the guarantor and the complainant” Dr Gajjala Amar the complainant said. Padmakar Reddy and Malla Reddy did not repay the loan due to which the loan account became a non-performing account. As a result, the bank officials, ignoring the plea of Jayamma that her signature was forged, auctioned the property for just Rs 79.91 lakh, though the property is worth Rs 4 crore.
Even as Jayamma is fighting a legal battle against the bank, the State Forensic Science Laboratory has submitted a report in the court confirming that her signature has been forged on the loan documents. Based on the FSL report and the complaint lodged by the dalit senior citizen, CCS officials registered the case and launched investigations.
“We will first collect documentary evidence as we already have an FSL report that states the complainant Gajalla Jaiamma’s signature has been forged. We will also verify the documents given by the complainant and the suspects take legal opinion and take necessary action,” D. Srinivas sub-inspector of CCS-B-Team said.
