Bank Fraud Case  

In the raids conducted across the country, CBI searched 169 locations in connection with 35 bank fraud cases involving funds of over Rs 7,000 crore.

Madhya Pradesh CM Kamal Nath’s nephew Ratul Puri was arrested by the Enforcement Directorate on August 20 from Delhi in connection with Rs 3,600 crore bank fraud case.

Ratul Puri has been arrested from Delhi by the Enforcement Directorate in connection with a Rs 354 crore bank fraud case. Puri is the nephew of Madhya Pradesh chief minister Kamal Nath

 
 

According to the CBI, a company named Ind Barath Power Ltd. got a sanction of Rs 2,655 crore from three NBFCs: Power Finance Corporation; India Infrastructure Finance Corporation and Rural Electrification Corporation.

According to the ED, the action has been taken against Shree Ganesh Jewellery House India Limited, Kolkata after filing a case under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) in the bank fraud case.

Leena Maria Paul was an accused in a bank fraud case and was associated with alleged con man Sukesh Chandrashekhar, who is currently in Tihar jail.

Mallya’s setback over properties in Bengaluru comes between his fight to save million dollar home in London from bank’s takeover.