Rahul Gandhi targets PM after yet another bank fraud comes to light
26 February, 2018, 07:11 | Author: Joy Garcia
The probe agency has registered a case of fraud against Simbhaoli Sugars Limited - a private sugar-manufacturing firm based in Uttar Pradesh's Simbhaoli - its top officers, including the CMD, CFO, CEO and directors, and unknown bank officials.
The CBI booked Delhi-based diamond jewellery exporter Dwarka Das Seth International Pvt Ltd, six months after the Oriental Bank of Commerce filed a complaint with the agency. The bank claimed in its complaint that Dwarka Das Seth International enjoyed various credit facilities including foreign bill discounting under letters of credit (LCs).
On the same day, it filed a case against Inder Chand Chundawat, then Senior Branch Manager in Punjab National Bank's Barmer office, for abuse of official position.
The OBC was hit by the disclosure of Rs 390-crore scam on Saturday involving a Delhi-based diamond jewellery exporter in bank loan fraud.
The FIR named India's largest sugar makers, its chairman, managing director, chief executive officer, chief financial officer and directors for allegedly defrauding the bank. The loans turned into NPAs way back in 2014, but the bank approached the agency on August 16 a year ago, after the company had folded up and Seth fled the country.
Smartphone Sales Decline Globally For First Time Ever
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Insurgents Attack School In Yobe
Haruna Yahaya, 35, was sentenced to 15 years in prison on Friday for masterminding the abductions, which caused global outrage. The students were alerted to the arrival of militants after they opened fire and set off explosives outside the school.
In addition to the existing NPA worth Rs 97.85 crore, Oriental Bank sanctioned another corporate loan of Rs 110.00 crore to the company on January 28, 2015, to pay its outstanding loan of Rs 97.85 crore. "He had approached me for consultancy on taking loan". The second corporate loan, too, was declared an NPA in November 2016.
The bank said it had sanctioned a loan of Rs 148.60 crore to the company in 2011, under an RBI scheme for financing individual/joint liability groups (JLG)/self help groups (SHG)/of 5,762 sugarcane farmers, supplying sugar produce to the company between January 25 and March 13, 2012. Of this, Rs 97.85 crore was declared non-performing asset (NPA).
It is notable that industrialist Vikram Kothari, the promoter of Rotomac Pens, and his son Rahul Kothari, were arrested on Thursday in Rs. 3,700-crore loan default case. Tech Mach was later removed from the panel of valuers by the bank.
In a bid to recover the dues, the bank had also approached the buyers, including Devi Jewells, Mannat FZE and PlatDiam International, but without any success.
Sneed pleaded guilty in 2012 to misdemeanor charges of family violence assault and interference with emergency request. Mark Cuban , The Jewish billionaire owner of the Dallas Mavericks , is embroiled in two controversies this week.
If you've been itching ... to bet your money on Tiger Woods , this is the first week that I won't call you insane for doing it. Woods had been undecided as late as early this week on whether he would play in the tournament for the first time since 2014.
Chevalier subsequently complained, and was encouraged to consider leaving and told that "working at Google was not for everyone". Chevalier is one of the four employees who claimed they were disciplined for speaking out internally against racism and sexism.
But it should be noted that at the moment, the net neutrality rules still apply in the United States , despite the FCC vote . The attorneys general of 20 states and tech companies filed suits last month to halt the repeal, according to CNN .
If you look at the Google Pay app right now, you will notice it is very similar to Android Pay except the design changed. Google Reply takes the suggested responses from Gmail (pictured here) and places them into notifications.
- American evangelical Christian evangelist and ordained Southern Baptist minister Billy Graham has died at the age of 99. Pictured top is Billy Graham preaching at Carrow Road in Norwich . "That's the way it was designed", Phillips said.
I'm hitting the ball flush and on top of that, I'm really controlling the trajectory. "I just didn't make a good swing". Woods counts four Masters titles among his 14 major championships, but he hasn't played at Augusta National since 2015.
Reeza Hendricks kept South Africa in the hunt with 70 off 50 balls, but his wicket in the 18th over triggered a late collapse. Kohli struck three centuries in the six-match series and is the only Indian to notch up three tons in a bilateral series.
He has always lead from the front and his colleagues and our party membership always knew who he was fighting for in Canberra. Earlier this week the Western Australian branch of the Nationals called on Joyce to step down as leader.
In 2016, India was ranked at 79, amongst 176 countries but its position has been falling steadily since 2013 on this world index. TI noted that most countries were not doing enough to curb corruption as the rate of graft seemed to increase.
Which, in of itself, is a rather large hint as to what Warner Bros.is thinking for a new direction on Batgirl . Picture Group president Toby Emmerich .
UK Officials Release Statements Regarding Yahoo Sports Report
The expense report also lists meetings with players and their families where the agent paid for their meals - an NCAA violation. Christian Dawkins , a former employee of the agency, ASM Sports, is one of the defendants in the federal prosecutors' case.
Toronto man faces murder charges in six men's deaths
December 8, 2017 - Police Chief Mark Saunders says the force will review its practices in missing persons investigations. The Toronto man was a subject of Project Prism, and police have said he had a sexual relationship with McArthur.
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Another day, another trade: Rays deal Dickerson to Pirates
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Meghan Markle & Prince Harry in 'anthrax' terrorism scare
However, neither Kensington Palace, where Harry and Meghan live, nor the Metropolitan Police has confirmed if this was the case. A day later, the Met Police confirmed a package with a suspicious substance had been received at the Houses of Parliament.
Certain diets may be useless, depending on your DNA
Diets are definitely not one-size-fits-all, as what works for one person may not prove successful for someone else. And regardless of your diet, choose to eat less sugar, less refine flout and as many vegetables as possible.