Bank Fraud

2 CBI Officers Suspended For Taking Bribe From Bank Fraud Accused

India News | Press Trust of India | Saturday January 16, 2021

Days after charging its four personnel for allegedly receiving bribe to compromise on investigation against companies accused of bank fraud, the CBI has suspended two of them -- Inspector Kapil Dhankad and Stenographer Samir Kumar Singh -- and recommended administrative action against the other two.

CBI Officers Received Bribe From Firms Accused Of Bank Fraud, Says FIR

India News | Press Trust of India | Friday January 15, 2021

CBI officials charged for graft by the central probe agency were not only receiving regular kickbacks for compromising investigation, but were also acting as conduits to bribe their peers on behalf of companies accused of siphoning off crores of public money from banks, the FIR against them alleges.

CBI Charges Own Officers For Alleged Bribe From Bank Fraud Accused

India News | Press Trust of India | Thursday January 14, 2021

Four personnel of the Central Bureau of Investigation (CBI), including two deputy superintendents of police, have been charged by the central probe agency for allegedly receiving bribes to compromise on investigation against companies accused of bank fraud, officials said.

CBI Registers Bank Fraud Case Of Over Rs 200 Crore Against Bengaluru Firm

India News | Press Trust of India | Wednesday January 13, 2021

The Central Bureau of Investigation (CBI) has registered a case of bank fraud of over Rs 200 crore against Bengaluru-based Steel Hypermart India Private Limited and its directors for losses incurred by a consortium of banks led by the Indian Bank, officials said Wednesday.

CBI Charges Hyderabad-Based Company In Over Rs 4,736 Crore Bank Fraud

India News | Press Trust of India | Saturday January 9, 2021

The CBI has charged Hyderabad-based Coastal Projects Ltd and its directors in connection with over Rs 4,736 crore bank fraud in a consortium of banks led by the State Bank of India, officials said on Saturday.

Nirav Modi's Sister Shares Details On Assets Worth Rs 579 Crore

India News | Reported by Arvind Gunasekar, Edited by Anindita Sanyal | Thursday January 7, 2021

The sister of Nirav Modi -- the fugitive diamond merchant wanted in the Punjab National Bank fraud case -- and her husband, have turned approver against him. They have already received approval from a Mumbai court in the matter.

CBI Files Case Against Delhi Firm In Rs 168 Crore Bank Fraud Case

Delhi News | Press Trust of India | Monday January 4, 2021

The Central Bureau of Investigation (CBI) has searched the premises of Sonear Industries Ltd and its Directors at five locations in New Delhi after booking them in a fraud case of Rs 168.73 crore at Punjab National Bank, officials said on Monday.

CBI Charges Shakti Bhog Foods In Rs 3,269 Crore Alleged Bank Fraud Case

India News | Press Trust of India | Friday January 1, 2021

The CBI has charged Delhi-based Shakti Bhog Foods Limited for an alleged fraud of Rs 3,269 crore on a consortium of 10 banks led by the State Bank of India (SBI), officials said on Friday.

Jewellery Worth Over Rs 4 Crore Seized From Tamil Nadu Firms In Fraud Case

Tamil Nadu News | ANI | Friday January 1, 2021

Enforcement Directorate (ED) on Thursday seized gold and diamond jewellery worth Rs 4.43 crores during search operations at the residential premises of Chairman and Managing Director of Messrs Cethar Limited and Director of Messrs NSK Builders Private Limited in Trichy.

CBI Charges Against Hyderabad-Based Firm IVRCL For Alleged Bank Fraud Of Rs 4,837 Crore: Officials

India News | Press Trust of India | Thursday December 31, 2020

The CBI on Wednesday carried out searches at the premises of infrastructure firm IVRCL, its Managing Director E Sudhir Reddy and Joint Managing Director R Balarami Reddy who have been charged by the agency for an alleged fraud worth over Rs 4,800 crore against a consortium of banks, officials said.

Former J&K Minister's Son Gets Bail In Rs 177 Crore Bank Fraud Case

India News | Press Trust of India | Wednesday December 30, 2020

The Jammu and Kashmir High Court on Tuesday granted bail to Hilal Rather, son of a former National Conference minister, in a Rs 177 crore bank fraud case.

Sena Leader Sanjay Raut's Wife Skips Summons In PMC Bank Fraud Case

India News | Edited by Divyanshu Dutta Roy | Tuesday December 29, 2020

Shiv Sena leader Sanjay Raut's wife has been issued summons by the Enforcement Directorate on January 5 after she sought more time on Tuesday to appear for questioning in the PMC bank fraud case. Varsha Raut had been called in by the agency that investigates financial crimes on Sunday prompting a war of words between Maharashtra's ruling Shiv Sena ...

"BJP Office" Banner Outside Agency's Branch Probing Sena Leader's Wife

India News | Reported by Sohit Rakesh Mishra, Arvind Gunasekar, Edited by Stela Dey | Monday December 28, 2020

A banner that says "BJP state office" in Hindi has been put up outside the Enforcement Directorate branch in Mumbai, allegedly by Shiv Sena workers this afternoon, after senior party leader Sanjay Raut's wife was summoned for questioning by the central agency in the PMC bank fraud case.

"I Have BJP's File, 121 Names": Sena's Sanjay Raut After Summons To Wife

India News | Reported by Sohit Mishra, Edited by Anindita Sanyal | Monday December 28, 2020

Agencies like Enforcement Directorate are not important as they are increasingly being used in a political power game, Shiv Sena's Sanjay Raut said a day after his wife was summoned again for questioning in the PMC bank fraud case.

Sena's Sanjay Raut's Wife Summoned For Questioning In PMC Bank Case

India News | Reported by Sohit Mishra, Edited by Anindita Sanyal | Monday December 28, 2020

Shiv Sena leader Sanjay Raut's wife Varsha Raut has been summoned for questioning by the Enforcement Department in the PMC bank fraud case. She has to meet the officials on December 29 at the agency's Mumbai office.