Canara Bank had filed complaint in a 2005 case after the change of Government at the Centre in 2014
New Delhi: The Central Bureau of Investigation has filed charge sheet against against former Union Minister Matang Sinh, his estranged wife Manoranjana, their company, two Chartered Accountants and six others for allegedly conspiring and cheating Canara Bank by availing Term Loan (TL) of Rs. 50 million and Over Draft against Book Debts (ODBD) facility of Rs. 25 million in the year 2005 to set up of an Entertainment Music Channel at Guwahati on the basis of forged and fake documents and misusing the money.
The CBI filed the chargesheet against the former Union Minister and others under Section 120-B read with Sections 420, 467, 468 and 471 of Indian Penal Code (IPC) in the Court of Chief Metropolitan Magistrate at Patiala House Courts in New Delhi.
A case was registered on 28 May 2014 (two-days after the Narendra Modi Government came to power at the Centre) on a complaint received from Canara Bank in New Delhi against the Television Network Private Company based at Gole Market in the capital, its two Promoter Directors and others. It was alleged that the Company and its both Directors, Auditor and some others had entered into criminal conspiracy and cheated the Janpath Branch of Canara Bank in the capital by availing a Term Loan (TL) of Rs. 50 million and Over Draft against Book Debts (ODBD) facility of
Rs. 25 million in the year 2005 for setting up an Entertainment Music Channel at Guwahati. It was alleged that the directors of the company had diverted the funds sanctioned on the basis of forged and fake proforma invoices, invoices, and bills and misused the money.
Matang Sinh was elected to Rajya Sabha from Assam in 1992 and served as Union Minister of State for Parliamentary Affairs from 1994 to 1998. He was arrested by CBI on 31 January 2015 for his alleged involvement in Saradha Chit Fund Scam. Sinh and Manoranjana are already in judicial custody in conenction with this case.