Wednesday, June 29, 2022

ਵਾਹਿਗੁਰੂ

spot_img



Fraud case of Rs 230cr against Amrapali Leisure Valley Developers

New Delhi, May 20, 2022- The Central Bureau of Investigation (CBI) on Friday said it has registered a loan fraud case of Rs 230 crore against Amrapali Leisure Valley Developers on the complaint of Bank of Maharashtra.

The CBI on Friday also conducted raids at several locations belonging to the firm and its director.

A case was lodged against Amrapali Leisure Valley Developers Pvt Ltd, its director Anil Kumar Sharma; the erstwhile director; corporate guarantors Shiv Priya, Suvash Chandra Kumar, Pankaj Mehta, Atul Mittal, Ashish Jain, Gagandeep Singh, and others.

A senior CBI official said the firm and its director cheated Bank of Maharashtra and its consortium member to the tune of Rs 230.97 crore.

“Amrapali was sanctioned term loan for construction of flats at Greater Noida, however, despite taking full disbursal of the loans, the project is still incomplete and the account turned NPA on March 21, 2017. The borrower company had made rampant diversion of funds to various other companies,” said the CBI official.

After lodging case, the CBI team conducted raids at four locations including Delhi, Noida and Ghaziabad at the premises of the accused which resulted in recovery of incriminating documents.  (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,374FansLike
113,908FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

G-20 summit in Kashmir: An unparalleled diplomatic achievement for India after 1990 – by Ahmed Ali Fayyaz

New Delhi, June 27, 2022- On Thursday, 23 June 2022, the Government of Jammu and Kashmir constituted a 5-member committee of bureaucrats under Principal...

Understanding who lit the flames of ‘Agnipath, and why – by Kavya Dubey

It is an indescribably inspiring feeling to see a 'fauji' on the move - clad in his camouflage uniform at a railway platform with...

Prez poll: Draupadi Murmu’s nomination tactical outreach to tribals – by Sunil Trivedi

New Delhi, June 26, 2022- The nomination of Draupadi Murmu as NDA's Presidential candidate has been seen as a tactical political outreach to the...

SPORTS

Health & Fitness

Avocado Face Mask Recipes for Supple Skin

New Delhi, June 28, 2022- Avocado, not only tastes delicious but also has super benefits that can be good for your skin and intestines. Avocados contain fatty acids that provide long-lasting moisture to the skin without causing irritation. In fact, if you have inflammation and sensitive skin, this should be your go to ingredient. The fruit contains essential minerals such...

Gadgets & Tech

error: Content is protected !!