CBI books Ex-UCO bank CMD in Rs 621-crore cheating case
CBI books Ex-UCO bank CMD in Rs 621-crore cheating case
The CBI has booked former UCO Bank CMD Arun Kaul and others on Saturday in Rs 621 crore cheating case, officials said today.
The agency is carrying out searches at 10 locations, eight of them in Delhi and two in Mumbai in the case, they said.
The accused persons in pursuance of criminal conspiracy defrauded the UCO Bank to the tune of Rs. 621 crore (approx)by diversion and siphoning of the bank loans, they said.
Era Engineering Infra India Ltd. (M/s EEIL), its CMD Hem SinghBharana; two chartered accountants -- Pankaj Jain and Vandna Sharda --,Pawan Bansal of M/s Altius Finserve Pvt. Ltd., and other unidentified persons have also been booked by the CBI in the cheating case. -PTC News
