CBI registers Rs 62.42 crore bank fraud case against Mumbai-based firm, conducts searches
New Delhi, June 22 -- The Central Bureau of Investigation (CBI) has registered a bank fraud case involving an alleged wrongful loss of Rs 62.42 crore to Indian Bank against a Mumbai-based firm, its partners, unknown public servants and private persons, officials said.
According to the CBI, the case was registered on June 18 based on a complaint filed by the SAM Branch of Indian Bank in Mumbai against One World Sourcing and its partners, Aashima Manoj Khushalani and Rakesh Kumar Singh.
It has been alleged that the accused persons entered into a criminal conspiracy, cheating and falsification of accounts by allegedly submitting inflated debtor figures and other false financial information to the banks and thereby obtained higher Cash Cred...
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