The fraud was done with the connivance of an auto loan counsellor who allegedly hacked the bank's computers to facilitate the loan sanction and its disbursement. According to the SBI, 13 persons including Raja of WSP got a total loan of Rs 3,29,71,000 for purchase of various types of cars. According to the bank, Chitra gained confidence of the branch officials and got acquainted with the loan sanction and disbursement norms. Subsequently, the loan proceeds were misused for film production by the borrowers and no cars were purchased by the people who procured loans through her. In its suit, the bank had sought an injunction to restrain the producers who are all the debtors from releasing the movie.

Source: dna March 03, 2018 16:38 UTC