Stay updated with breaking news from Anoop Seth. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
They cheated Punjab National Bank (e- United Bank of India) and the accused persons misappropriated the sanctioned credit facilities by way of cheating, utilisation of loan funds was contrary to the sanction terms.
The IEDCL and its directors were booked by the CBI for cheating the Punjab National Bank to the tune of Rs 100.03 crore.A se
The CBI on Thursday booked IL&Fs Energy Development Company Limited and its directors for allegedly duping Punjab National Bank (PNB) to the tune of Rs Rs 100.03 crore.
The Central Bureau of Investigation (CBI) has registered two separate cases against IL & FS subsidiaries and its directors for allegedly duping banks to the tune of Rs 120.03 crore.The FIR accessed by ANI reads that the general manager of Punjab National Bank registered a complaint with CBI alleging that the borrower Company IL & FS Energy Development Company Ltd. (IEDCL) and its Directors, namely, Hari Sankaran, Late Ravi Parthasarathy (since died), Ramesh Chander Bawa, Arun Kumar Saha, Sunil Kumar Wadhwa and Anoop Seth and another unknown private person (s) and unknown public servant...
The CBI on Friday said that they carried out search operations at office of IL&FS Energy Development Company Ltd (IEDCL) and residential premises of its directors in New Delhi, Dehradun, and Mumbai in connection with a loan fraud case and ...