Tanzania. He doubted whether M/s Kamal Alloys Ltd could generate funds to set up a plant on the company's marshy land. But the witness agreed that he did not submit a report to that effect. Witness Mrs. V.R. Iyer, who was the Executive Director of the Bank, in her statement stated that the Bank could have been more prudent in doing the due diligence of the foreign entity. 13. We find that the Loan Advisory Committee's favourable recommendations regarding the Company's proposal are also Criminal Appeal No. 2891 of 2023 Page 9 of 11on record, apart from the memorandum submitted to the Management Committee. We have also seen the Executive Brief prepared containing the proposal. 14. After perusing the entire material and taking it as correct, perhaps the only material that creates suspicion is the speed with which the proposal of the Company was sanctioned. As far as the respondent is concerned, considering his position and the role ascribed to him in the grant of sanction to the loan