New Delhi, July 14 -- The Central Bureau of Investigation (CBI) on Tuesday said it has filed its 16th chargesheet against Saha Infratech Pvt. Ltd., its Director, and officials of HDFC Bank Ltd. and ICICI Bank Ltd. in connection with alleged fraudulent activities related to a housing project in Noida.
The chargesheet was filed before the Special CBI Court at Rouse Avenue, New Delhi.
"Investigation conducted by the CBI has revealed that the accused builder company and its Director, in conspiracy with bank officials and other private persons, allegedly induced homebuyers and investors through false assurances and fraudulent representations, and obtained financial benefits by resorting to illegal and deceptive means," the CBI said.
The inves...