CBI raids two premises in Delhi, Noida in bank fraud case


New Delhi, Jul 24 (IANS): The Central Bureau of Investigation (CBI) on Friday carried out searches at two premises in NCR-Delhi in connection with a bank fraud involving over Rs 190 crore, officials said.

A senior CBI official said that the agency had registered a case on the complaint of a Bank of Baroda branch here against Shri Sidhdata Ispat Pvt Ltd, Govardhan Industries Pvt Ltd, Shri Sidhdata Steel Tubes, Sudershan Tubes, and others.

The agency had also booked Suresh Kumar, Rajesh Kumar, Pradeep Kumar, Om Prakash Gupta, and Rajat Gupta in the case.

The official said that the complainant bank alleged that the accused cheated it to the tune of Rs 190.76 crore (excluding interest) by availing credit facilities on the basis of fake documents and diverting the funds fraudulently for purposes other than those for which the money was sanctioned.

After registering the case, the agency officials carried out searches at one premises in Uttar Pradesh's Noida and one in Delhi which led to seizure of incriminating documents and material.

 

  

Top Stories


Leave a Comment

Title: CBI raids two premises in Delhi, Noida in bank fraud case



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.