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CBI registers fresh FIR against GTL Infrastructure Ltd for alleged bank fraud of Rs 4,760 crores

CBI registers fresh FIR against GTL Infrastructure Ltd for alleged bank fraud of Rs 4,760 crores
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CBI books bank officers, GTIL in Rs 4,000-crore loan fraud case

The Central Bureau of Investigation (CBI) has conducted searches at GTL Infrastructure Ltd (GTIL) office in Mumbai after filing an FIR against the company and unidentified bank officials in a loan-fraud case worth over Rs 4,000 crore. Officials from 13 banks are being investigated for allegedly assigning Rs 3,224 crore dues of the company to an asset reconstruction firm without securing their loans from collateral securities. ....

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India News | CBI Books Bank Officers, GTIL in Rs 4,000-crore Loan Fraud Case

Get latest articles and stories on India at LatestLY. The CBI has conducted searches at the office of GTL Infrastructure Ltd (GTIL) in Mumbai after registering an FIR against it and unidentified officials of banks in a loan-fraud case of more than Rs 4,000 crore, officials said on Tuesday.
India News | CBI Books Bank Officers, GTIL in Rs 4,000-crore Loan Fraud Case. ....

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