CBI books Kanishk jewellers for cheating 14 banks of Rs 824 crore|
CBI books Kanishk jewellers for cheating 14 banks of Rs 824 crore
Hours when Asian country nowadays reported the banking scam, allegedly involving Kanishk Jewellers, price Rs 824 crores, the Central Bureau of Investigation nowadays lodged a grievance within the case and conducted raids nowadays.
"We have conducted searches at the official and residential premises of defendant persons and M/s. Kanishk Gold Pvt Ltd at numerous places in Chennai. The case has been registered on a grievance from SBI on behalf of a association of fourteen Banks for cheating the association to associate degree extent of Rs. 824.15 large integer (approx)," said CBI.
Sources have told Asian country nowadays that Kanishk Gold Pvt Ltd and its promoters Bhoopesh Jainist, his woman Nita Jainist (director), Tejraj Achha, partners of Achha associates, Ajay Kumar Jainist, partner of Ajay and Company, Sumit Kedia partner of Lunawath and associates and unknown public servants and unknown others are set-aside by the CBI.
"The Central Bureau of Investigation has registered a case against Chennai based mostly non-public company and its Promoter Director, different Director; 3 Partners of different non-public corporations based mostly at Chennai and unknown public servants and unknown others on a grievance from bank of Asian country on behalf of a association of fourteen banks, on the allegations of cheating the association to associate degree extent of Rs.824.15 large integer (approx)," further CBI.
A senior official confirmed Asian country nowadays that, "accused persons are contacted and that we have asked them to affix the investigation."
Months when the multi-crore PNB fraud rocked the country, associate degree alleged bank scam price Rs 824.15 large integer surfaced in province. Fourteen nationalised and personal banks, as well as the bank of Asian country and therefore the geographical region commercial bank, are allegedly duped by in style jewelry chain Kanishk Gold, that is owned by Bhoopesh Kumar Jainist.
SBI FILES grievance WITH CBI
A association of banks semiconductor diode by the bank of Asian country (SBI) has lodged a grievance with the Central Bureau of Investigation (CBI) to research Kanishk Gold non-public restricted (KGPL) for a Rs 824.15 large integer loan fraud. Asian country nowadays is in possession of the grievance letter.
"The nature of the limit was assets facility sanctioned to the tune of Rs.747 crore(approx). This apart, the corporate had additionally availed sure Term Loan limits from SBI. it had been additionally alleged that there was a falsification of records and therefore the removal of the stocks that was secured to the lenders. it had been any alleged that there have been anomalies within the monetary statements like within the amount of stock carried forward to following year, anomaly within the sales register, diversion of funds and strange transactions with the connected parties," said CBI.
