The Hindu·2 min read·medium

CBI conducts searches across four States in ₹1,109-crore bank fraud case

T
The Hindu Bureau
CBI conducts searches across four States in ₹1,109-crore bank fraud case
AI Summary

The CBI has launched investigations across four Indian states regarding a ₹1,109-crore bank fraud case involving Gupta Power Infrastructure Ltd. The company is accused of falsifying financial statements and siphoning loan funds from Canara Bank.

The Central Bureau of Investigation (CBI) has conducted searches at six locations across West Bengal, Odisha, Tamil Nadu, and Uttarakhand in connection with a ₹1,109-crore bank fraud case.

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