The agency has also booked another senior official of MSTC Limited besides six export houses and an insurance consultants for the scam, CBI sources said.
The agency arrested the then Chairman and Managing Director of MSTC Malay Sengupta and Chief General Manager Tapas Basu, CGM from Kolkata, and an insurance consultant S K Sinha from Delhi for their alleged involvement in the case, CBI sources said.
They were produced before a special CBI court here which sent them to police remand till May 10.
The agency has registered a case against Sengupta, Basu, and Utpal Sarkar DGM of MSTC, Kolkata, alleging they had entered into criminal conspiracy in 2006 with an insurance consultant S K Sinha who was fraudently appointed by MSTC.
As part of alleged conspiracy, directors of six export houses -- Ushma Jewellery and Packaging Export Pvt. Ltd., Space Mercantile Company Pvt. Ltd., K A Malle Pharmaceutical Company Ltd, Joshi Bullion and Gems Jewellery Pvt. Ltd., Bond Gems Pvt. Ltd. And Indo Bonito Multinational Pvt Ltd. -- submitted forged and fake documents to get released 80 per cent of the export value to them, CBI sources said.
The accused officials of MSTC allegedly, knowing that documents were fake, accepted them as part of a conspiracy and and released the export value to them causing a loss of Rs 464 crore to company, CBI said.
CBI had earlier arrested six accused Shishir Dharkar, the then Chairmen of Pen Urban Co-Operative Bank, his wife Gul Raihana Omer, Prem Kumar Sharma, the then Advisor of the Bank, consultant Rahis Ahmed, Jayesh Desai, Associate and Consignee at UAE and R Mani, Consultant based at New Delhi. PTI ABS PAL
