Kolkata: The CBI on Friday charged five directors of a West Bengal-based private company and eight State Bank of India (SBI) officials of criminal conspiracy in a case of bank fraud involving Rs 4.12 crore here.

The Central Bureau of Investigation (CBI) officials also conducted searches at 12 places in West Bengal and Sikkim and claimed to have seized several important documents related to the case.

"CBI has lodged a case of criminal conspiracy (IPC 120b) against five directors of Burdwan district based Kalimata Krishpanya Bipanan Pvt Ltd and eight SBI officials including a Chief Manager and a Deputy Manager for not repaying bank loan taken from SBI and inflicting a total loss of Rs 4.12 crore," a CBI release said.

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Kalaburagi: Members of the Karnataka Prantha Raitha Sangha (KPRS) and the Taluk Raitha Hitarakshana Samiti protested outside the Siddasiri Ethanol Power Unit in Chincholi, demanding appropriate minimum support price (MSP) to sugarcane farmers in Chincholi.

Pointing out that it was decided at the meeting chaired by District In-charge Minister Priyank Kharge on November 15 to provide farmers an MSP of Rs 2,950 per tonne of sugarcane with an additional Rs 50 as support price from sugar factory owners, the protesting farmers also demanded that the decision be implemented.

“The Siddasiri sugar factory owner has violated the agreement by paying each farmer only Rs 2,550,” the farmers have alleged.

President of the KPRS Kalaburagi District Unit Sharanabasappa Mamashetti said, “When he opened the factory, legislator Basanagouda Patil Yatnal had assured that the factory would pay farmers in Kalaburagi an additional Rs 100, but has failed to live up to the word.”

The protesting farmers have demanded that the authorities concerned give priority to sugarcane farmers of Chincholi and Kalagi taluks to support the sugarcane crop. “Also, the factories should employ local youngsters and due measures should be taken to ensure the safety of the drivers of sugarcane transport vehicles,” they said.

They also handed their memorandum to Tahsildar Subbanna Jamakhandi and Power Ethanol Unit General Manager Dayananda Banagara.

The Tahsildar has assured that a meeting with the sugar factory owners would be held to discuss the issues raised by the farmers.