Bollywood actress Preity Zinta received a loan remission by New India Cooperative Bank, sources in the Economic Offences Wing (EOW) of Mumbai police said on Friday.The EOW is probing into Hiren Bhanu, former chairman of the bank, for allegedly approving loans in return for bribes, as per reports.
The New India Cooperative Bank (NICB) fraud case involved alleged misappropriation of funds from the bank.
The city police have arrested multiple people in connection with the case.During investigation, it was revealed that the actress benefitted from a remission on her loan.
Police said that on January seven, 2011, a loan of Rs 18 crore was sanctioned to Preity Zinta. The loan was declared a non-performing asset (NPA) on March 31, 2013.
The amount was later settled at Rs 10.74 crore, and a remission of Rs 1.55 crore was granted to her.The amount was paid on April five, 2014, according to sources in police.(UNI)
