EOW arrests woman in connection with Rs 100 crore cheating case

Prameyanews English

Published By : Prameya News Bureau | January 31, 2022 IST

Bhubaneswar, Jan 31: The Economic Offence Wing (EOW) has arrested one woman in connection with Rs 100 crore cheating case. The accused has been identified as Amrita Kindo, Managing Director of Diya Diary Agro Processor Pvt. Ltd. She has been arrested from Bhubaneswar on Sunday. Police said that the case has been registered on the basis of a written allegation of complainant on behalf of Annapurna Finance Pvt. Ltd., Khandagiri to the effect that accused Deepak Kindo, MD of Sambandh Finserve Pvt. Ltd., Chandaka Industrial Estate had fraudulently availed loan to the tune of Rs 5 crore from Annapurna Finance Pvt. Ltd. on the basis of forged documents and misappropriated the same without refunding the amount to Annapurna Finance Pvt. Ltd. Investigation of the case revealed that both the complainant and accused Companies are registered with RBI as NBFC-MFI. Deepak Kindo is the Managing Director of Sambandh Finserve Pvt. Ltd. During the year-2020, the accused company approached the complainant company for a loan of Rs 5 crores for the purpose of carrying on financial activities effectively by giving loans to different SHG and Joint Liability Groups. However, after availing the loan/ finance, the accused company violated the terms and condition of finance and misappropriated the amount without making repayment. It has also been ascertained the accused company had furnished forged documents to avail the loan. “ Amrita Kindo is the wife of Dipak Kindo and the Director of Diya Diary Agro Processor Pvt. Ltd., a sister concern of Sambandh Finserve Pvt. Ltd. During the year-2017 to 2020, out of the loan amounts availed by the accused company, an amount of Rs 22.72 crore have been diverted to the accounts of Diya Diary Agro Processor Pvt. Ltd and misappropriated,” said an official.

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