<h1>50,000-page chargesheet in cooperative bank loan fraud names 100, arrests eight including ex-chairman over Rs 316.5 crore</h1> A 50,000-page CID chargesheet has been filed in a cooperative bank loan fraud, naming 100 individuals and firms and arresting eight persons, including the bank's former chairman and senior officers. Investigators allege creation of 23 shell companies to fraudulently obtain Rs 316.5 crore in loans, extensive diversion of funds into property and luxury assets now identified as proceeds of crime, and initiation of attachment proceedings. Probes included 10+ search seizures, forensic audit of accounts, statements of over 200 witnesses, and collection of voice samples; assistance from central agencies has been sought. Charges allege misuse of office, conspiracy, and violations of CMA norms, regulator guidelines and bank policies.