The multi- crore scam of Panvel-based Karnala Nagri Sahkari Bank will now be probed by the CID, Pune. Earlier, the case was being investigated by the Navi Mumbai police, reports Free Press Journal.
The EoW of Navi Mumbai police had registered a case of cheating and forgery against 76 persons, including 12 bank office-bearers and the bank’s chairman former MLA Vivekanand Patil early this year.
Police say the accused had given loans without valid documents and collateral.
The bank has 17 branches in Navi Mumbai, Pune, and Ratnagiri and over 40,000 depositors.
