CBI REGISTERS A CASE AGAINST PRIVATE COMPANY & OTHERS INCLUDING ITS DIRECTORS/GUARANTORS ON THE ALLEGATIONS OF BANK FRAUD OF RS. 230.97 CRORE(APPROX) AND CONDUCTS SEARCHES
The Central Bureau of Investigation has registered a Case on complaint from Bank of Maharashtra against a private company based at New Delhi & others including its Directors, Guarantors & unknown Public Servants/private persons on the allegations of cheating Bank of Maharashtra and consortium member e-Anthra Bank (now UBI) to the tune of Rs.230.97 crore (approx).
It was further alleged that the said private company was sanctioned term loan for construction of flats at Greater Noida, however, despite taking full disbursal of the loans, the project is still incomplete and the account turned NPA on 31.03.2017. It was also alleged that the borrower company had made rampant diversion of funds to various other companies.
Searches were conducted at 04 locations including at New Delhi, Noida & Ghaziabad (UP) at the premises of accused which resulted in recovery of incriminating documents.
HYDERABAD/CHANDRAPUR: The results of the local body elections in Telangana have created a situation of…
Kalyan, September 13, 2025 – During routine ticket checking at Platform No. 4 of Kalyan…
In a landmark verdict, the National Investigation Agency (NIA) special court acquitted all accused in…
Sattva Group Unveils ‘Sattva Vasanta Skye’ — A Green Urban Haven in North Bengaluru Bengaluru,…
Mumbai, July 2025:The reputation of the Mumbai Police, known as one of the largest and…
At Delhi Literature Festival, exiled Bangladeshi author criticizes Islamic orthodoxy and links religion with terrorism…