Panchkula: Absconding builder Sunny Garg, a key accused in the Rs 147-crore fixed deposit fraud case, has claimed that he received an “unsecured loan” of around Rs 70 crore at high interest rates from Kotak Mahindra Bank’s then deputy vice-president Pushpender Chaudhary and has alleged threats to his life from him.Garg made the claims in an email submission to the chief judicial magistrate in connection with the ongoing probe by the Haryana Vigilance and Anti-Corruption Bureau (ACB) into alleged financial irregularities involving the Panchkula municipal corporation and Kotak Mahindra Bank.In his submission, Garg said the Rs 70-crore loan was routed through bank accounts allegedly linked to two other suspects — Swati Tomar and Rajat Dahra. The builder, who is related to a senior BJP leader in Panchkula, further claimed that he repaid a substantial portion of the amount through bank transfers as well as cash transactions.Garg also referred to a statement recorded by the I-T dept on Jan 28 during a search at his residence, in which he said he had disclosed details of the financial dealings linked to the case. The ACB has already issued a look-out circular (LOC) against Garg following the registration of an FIR in the matter. Considered a crucial link in the alleged fraud, Garg remains absconding and is believed to be currently abroad.
