Kolkata: The CBI on Thursday arrested two Kolkata based businessmen Shibaji Panja and Kaustav Ray in connection to the Rs 515.15 crore bank fraud case, aent to 3 days CBI custody by Alipore Court.
However, due to inconsistencies in their statements, the CBI wants to quiz the duo again after taking them in custody. Over the past few weeks, both Panja and Ray have been questioned three times by the investigating agency.
According to the CBI FIR, the company dishonestly and fraudulently did not route the sale proceeds through the loan account and siphoned off the entire amount that it had to repay.
In 2015, Panja was arrested while returning from Dhaka with Mamata Banerjee whom he had accompanied as a non-official delegate on a three-day visit to Bangladesh. He was detained by the state police on the basis of a lookout notice by economic offences wing of Delhi police. The CBI had booked Panja along with other directors of RP Infosystem in June 2015 for defrauding IDBI Bank of Rs 180 crore.