The Anti-Corruption Bureau's FIR reveals that the cheques bore forged signatures of a senior IAS officer, who had relinquished charge much before the bank accounts were opened.
Haryana Chief Minister Nayab Singh Saini attributes the fraud to collusion by lower-level employees at Chandigarh banks & says the full sum was credited back to state govt accounts.
Mehta family, living in London, is linked to a series of bank frauds. While CBI has filed 16 cases against Mehta, his wife Sonia & sons Suraj and Vishal face a dozen cases of fraud.
The two have been in custody since April 2020 in connection with loans worth Rs 57,252 cr availed by DHFL from consortium of 17 banks. Other co-accused in related cases out on bail.
CBI has booked Anil Ambani’s son on Union Bank of India’s complaint against his finance firm that caused alleged loss of Rs 228 crore. Raids were conducted Tuesday.
The order comes weeks after a separate bench proposed dropping all criminal charges against the billionaire Sandesara brothers, given that they deposited Rs 5,100 cr as settlement with defrauded banks.
Choksi can still appeal against extradition to higher court. India has guaranteed Choksi will be kept in humanitarian conditions at par with European human rights laws.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
At 2nd such summit in Punjab for top investors organised by AAP since it came to power in Punjab, Lakshmi Mittal announced his Bathinda refinery has increased production of LPG by 3,000 tonnes/day.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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