MUMBAI: The Economic Offences Wing (EOW) of the city police booked state BJP leader Mohit Kamboj, a company and two other directors for causing wrongful loss of Rs 52.8 core to the Indian Overseas Bank (IOB). The case was registered at the MRA Marg police station.
A senior police officer said the chief regional manager of the IOB was the complainant in the case. "We have booked a company and its three directors. They had taken a loan of Rs 52.8 crore between 2011 and 2015 from the bank," said the officer. Kamboj is one of the directors. The officer added that the loan was not used for the purpose it was taken and that there were allegations of diversion of funds, causing wrongful loss to the bank. The company's directors had taken credit facilities as well, said police. The matter came to the fore when the bank was conducting an internal inquiry, added police.
