The Central Bureau of Investigation (CBI) has enrolled a complaint against Delhi-based private division dairy organization Kwality Ltd, its ex-promoters Sanjay Dhingra and different heads of the organization on a grievance from Bank of India for causing a supposed loss of Rs 1,400.62 crore to a consortium of banks drove by the loan specialist.
CBI today directed strikes at eight unique areas remembering for Delhi, Saharanpur, Bulandshahr (Uttar Pradesh), Ajmer (Rajasthan), Palwal (Haryana), and so forth, which incorporated the premises of the organization and other denounced.
It has been affirmed in the grumbling that the blamed had tricked the Bank for India-drove consortium involving Canara Bank, Bank of Baroda, Andhra Bank, Corporation Bank, IDBI Bank, Central Bank of India, Dhanlaxmi Bank and Syndicate Bank to the tune of roughly Rs 1,400.62 crore by the method of redirection of bank reserves, hoax exchanges with related gatherings, manufactured reports and receipts, misrepresented books of records, making bogus resources and liabilities, and so forth.
Kwality Ltd has been going through indebtedness procedures since December 2018. It owes over Rs 2,000 crore to monetary and operational banks.
Another big scam!!
What the hell is going on😔