Monday, May 23, 2022



Rs 6K cr Bank of Baroda scam: CBI files 2 supplementary chargesheets

New Delhi, Dec 25, 2021- The Central Bureau of Investigation (CBI) on Saturday filed two separate supplementary chargesheets against eight people and a private company in connection with the Rs 6,000 crore Bank of Baroda foreign exchange remittance scam.

In 2015, the CBI had received a complaint from the Bank of Baroda against the accused including 59 current account holders and a few public and private persons, an official of the probe agency said.

The complaint said that the accused were involved in illegal foreign overseas remittances of approximately Rs 6,000 crore. The bank had alleged that foreign remittances were made in an illegal and highly irregular manner in gross violation of the established norms and regulations.

“We had arrested the then AGM and the then Forex Officer at Bank of Baroda, Ashok Vihar branch, after collecting evidence against them,” the official added.

After probing the matter, the first chargesheet was filed against them in December 2015.

During further investigation, it was found that these accounts were allegedly operated by a group of persons. They deposited funds in these accounts through RTGS and Cash routed through various accounts through multiple layering and finally remitted the same to overseas accounts.

“This was done as advance payments against import of goods/services whereas no actual imports were made,” the official said.

In 2021, the CBI arrested six accused — Tanuj Gulati, Ish Bhutani, Ujjwal Suri, Hunney Goel, Sahil Wadhwa and Rakesh Kumar.  (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






How much and how often should courts adjudicate matters of religous fervour? – by Adeel Ahmed

New Delhi, May 22, 2022- In the old city of Jerusalem, there lies a 187-foot long ‘Western Wall, built by Herod on the western...

Cyber security conundrum – by D.C. Pathak

Sometimes the roots of a problem are obscured by discussions on the 'enormity' of its possible repercussions -- some of this is happening in...

Yasin Malik must pay for the genocide he masterminded – by Deepika Bhan

Coming down the stairs of Delhi's Rouse Avenue courts after being convicted for terror crimes, Yasin Malik wanted to speak to waiting mediapersons, but...


Health & Fitness

Fruits, veggies may help kids with ADHD fight inattention: Study

New York, May 22, 2022- Eating fruits and vegetables may help children with attention deficit hyperactivity disorder (ADHD) reduce inattention issues, a new study has suggested. Inattention is a hallmark of ADHD and creates trouble for children to focus, difficulty in remembering things and in regulating emotions. The study showed that kids who consumed more fruits and vegetables showed less severe...

Gadgets & Tech