CBI cracks PNB bribery case: Ex-bank manager, businessman held for Rs 1.7 lakh kickback in loan fraud

Syllad | The Rising MeghalayaJune 8, 2025

The Central Bureau of Investigation (CBI) has arrested Seiminthang Singson, former Senior Manager of Punjab National Bank (PNB), Dimapur, and Sanjit Chandra Dey, proprietor of Century Enterprises, Dhobinala, Dimapur, in a bribery and loan fraud case involving a Rs 20 lakh credit extension.

The arrests follow a case registered by the CBI on June 4. According to officials, Singson received Rs 1 lakh from Dey directly in his bank account as a bribe for sanctioning a Rs 20 lakh Cash Credit limit to Dey’s firm, despite its poor financial health.

Raids conducted on June 6 and 7 at five locations in Dimapur and two in Guwahati led to the recovery of incriminating documents and evidence. Investigators found that the total bribe amount received by Singson stood at Rs 1.69 lakh. In addition, invoices worth Rs 2.06 lakh for electronic goods—purchased by Dey in Singson’s name—were seized from the premises of Century Enterprises.

Some of these items were recovered from Singson’s residences in both Dimapur and Guwahati and have been seized as evidence.

The two accused are set to be produced before the competent courts in Dimapur and Guwahati. Further investigation is underway.