to be placed before the LAC. Subsequently, the proposal used to be placed before the Executive Director and CMD. After their clearance, the proposal was placed before the Management Committee for a final decision. He also referred to the Memorandum of Management Committee dated 10th August 2010, which contained a proposal for the grant of EPC facility in the sum of Rs. 330 crores. He stated that the summary note containing the signatures of the accused nos. 5 to 7, and the Memorandum were placed before the Loan Advisory Criminal Appeal No. 2891 of 2023 Page 8 of 11Committee on 11th August 2010, which recommended sanction on the terms and conditions proposed in the Executive Brief. After that, on 13th August 2010, the Management Committee approved the proposal. Witness Shri Sivasubramanian Gopalakrishnan (PW-5) stated that NBG clearance for admitting the proposal was issued. 12. The statement of Shri Vinod Kumar Nagpal (PW-10) refers to NBG approval given on 10th August 2010. However,