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    UCO Bank officials under CBI scanner

    Two retired UCO Bank officials from Chennai and a valuer along with panel counsel member are under the CBI scanner in connection with a Rs.3.99 crore worth bank loan fraud.

    UCO Bank officials under CBI scanner
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    Chennai

    The CBI in the FIR filed on Thursday had booked six persons including two partners of a T Nagar based export firm under various sections of IPC. 

    The retired bank officials named in the FIR are P L Acharya, the then AGM and R Jayanandan, the then senior manager of UCO bank, Chennai main branch. 

    Others figuring in the FIR are Palanivel, Suresh Babu, two partners of VIP Exports, along with V Balasubramani, panel valuer and Damodaran, advocate, Central Government senior panel counsel besides an unknown public servant.

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