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Topic: Bank Fraud
The ED had, in October 2019, filed a chargesheet against Ratul Puri, the nephew of former Madhya Pradesh CM Kamal Nath, in connection with the case.
After availing credit limits from bank, a company owned by BJP leader Mohit Kamboj allegedly diverted funds through a web of companies and fabricated documents.
Vijay Mallya also claimed that ED, CBI have treated him 'unreasonably' and also offered to repay banks 100 per cent of the principal amount owed to them.
The cases pertain to SBI, PNB, Andhra Bank, OBC, IOB, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank and Bank of India among other banks, CBI said.
Ratul Puri's father Deepak Puri & mother Nita Puri have also been booked for alleged criminal conspiracy, cheating, forgery & corruption.
ED files plea before a special court calling for Sterling Biotech group promoters to be declared as fugitives.
Rakesh Asthana’s name appeared in the Sterling Biotech diaries seized in 2011, but it has not been mentioned in five prosecution complaints filed so far.
Under money laundering Act, Enforcement Directorate has 3 convictions in 13 years — involving amounts from Rs 4 crore to Rs 3 lakh.
ED, CBI booked the Sandesaras in a Rs 5,000-crore bank fraud case, which is also linked to a CBI turf war involving two top officers.
The affidavit says Choksi is a "most intelligent and powerful influential identity and has hired a whole legal team for the purpose of doing systematic fraud".
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