Proclaimed offender held in Pune in Rs 3.72-cr fraud case

A proclaimed offender has been arrested by CBI sleuths from Pune in connection with a probe into a fraud of Rs 3.72 crore at a Punjab National Bank branch here.
Brijesh Tiwari was on Saturday arrested from Pune in Maharashtra where he was in hiding along with his family, according to a CBI release today.
Tiwari and Uma Shanker Singh, manager of the PNB branch in the Nayaganj area here, have been charged with allegedly withdrawing money from the bank through fraudulent papers, CBI officials said.
It is alleged in the FIR that an amount of Rs 3.72 crore was attached and transferred to the PNB Nayaganj branch from its High-Value Branch in Lucknow, CBI added.

The amount was deposited in a joint current account at the Nayaganj branch in the names of Kanpur Colonisers and UP Awas Evam Vikas Parishad on December 19, 2002.
Subsequently, Tiwari allegedly withdrew the entire amount by opening a current account on the basis of forged papers, the officials said.
An FIR was registered in this connection at Harbans Mohal police station here on September 26, 2003. The inquiry was later transferred to CBI, which registered a case in the matter on January 18, 2005. A charge-sheet against Tiwari and Singh has already been filed in court.
Tiwari was declared a proclaimed offender by a court when he absconded during hearings in the present case.