[ad_1]
New Delhi:
The CBI on Thursday carried out searches at 19 premises in Delhi-NCR and Bengaluru after registering an FIR towards Faridabad-based SRS Group of Companies and its administrators for allegedly defrauding Canara Bank to the tune of Rs 135 crore, officers mentioned.
“It was alleged that the said borrower group of companies had availed term loans from the bank. It was further alleged that the borrower defrauded the bank and diverted the funds by not routing the proceeds of sale/booking of the flats through accounts maintained with the bank,” CBI spokesperson RK Gaur mentioned.
Besides the corporate, the company has booked its administrators Anil Jindal, Rajesh Singla, Nanak Chand Tayal, Bishan Bansal, Vinod Jindal and Jitender Kumar, they mentioned.
The searches had been performed on the premises of the corporate and its administrators in Delhi, Faridabad and Bengaluru, they mentioned.
(Except for the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)
[ad_2]
Source link