Bhubaneswar: The Central Bureau of Investigation (CBI) has registered a case against eight persons or firms, including three private companies based in Cuttack and Bhubaneswar, in connection with a bank fraud involving Rs 21 crore.
The case has been filed against three private companies, partners, guarantors/proprietors of private companies and unknown officials of Bank of Baroda, among others.
The case was registered based on a complaint by Bank of Baroda, Cuttack, the CBI said in a press statement on Tuesday.
It is alleged that the accused had availed various credit limits including fund based working capital (FBWC) limit from Bank of Baroda in conspiracy with others and cheated the bank, causing loss to the tune of Rs 20.99 crore from 2011 to 2017, the agency said.
Hyderabad: The highly-anticipated political drama ‘Game Changer’, starring Ram Charan and Kiara Advani, hit theatres…
New York: Ten days before he is due to enter the White House to start…
Bhubaneswar: Opposition Biju Janata Dal (BJD) on Friday demanded a judicial probe into the brutal…
Angul: Jindal Foundation, the corporate social responsibility (CSR) arm of Jindal Steel and Power (JSP), has…
Mumbai: Amid speculation over his divorce, Team India cricketer Yuzvendra Chahal opened up about the…
Mumbai: Bigg Boss 18 contestant Chahat Pandey’s personal life became the talk of the town…
This website uses cookies.
