Last Updated : Sep 23 2018 11:11PM
News Highlights
PM launches Ayushman Bharat - Pradhan Mantri Jan Aarogya Yojana            No question of scrapping Rafale fighter deal: FM Arun Jaitley            Two leaders of ruling TDP shot dead by Maoists in Andhra Pradesh           

State News

Feb 25, 2018
9:10PM

CBI registers Rs 109 crore loan default case against Ghaziabad's sugar company

CBI registered case on complaint from Oriental Bank of Commerce against a private Sugar Company based at Simbhaoli, Ghaziabad in Uttar Pradesh for causing loss of Rs. 109 crore to the Bank. 

Search operations are being conducted today at eight premises including residences of directors, factory, corporate office and registered office of the company in Delhi, Hapur and Noida. Investigation is continuing. 

It was alleged that the Oriental Bank of Commerce sanctioned a loan amounting to Rs. 148.60 crore in the year 2011 for this sugar company. 

The loan was sanctioned for financing sugarcane farmers in 2012, which was dishonestly and fraudulently diverted by company for its own needs. 

The account turned NPA in 2015 and was later declared as alleged fraud by the bank.

   Related News

Live Twitter Feed

Listen News

  • Morning News 23 (Sep)
  • Midday News 23 (Sep)
  • News at Nine 23 (Sep)
  • Hourly 23 (Sep) (2300hrs)
  • समाचार प्रभात 23 (Sep)
  • दोपहर समाचार 23 (Sep)
  • समाचार संध्या 23 (Sep)
  • प्रति घंटा समाचार 23 (Sep) (2305hrs)
  • Khabarnama (Mor) 23 (Sep)
  • Khabrein(Day) 23 (Sep)
  • Khabrein(Eve) 23 (Sep)
  • Aaj Savere 23 (Sep)
  • Parikrama 23 (Sep)
  • Lok Ruchi Samachar 23 (Sep)

Listen Programs

  • Market Mantra 23 (Sep)
  • Samayki 23 (Sep)
  • Sports Scan 23 (Sep)
  • Spotlight/News Analysis 23 (Sep)
  • Public Speak
  • Country wide 20 (Sep)
  • Surkhiyon Mein 20 (Sep)
  • Charcha Ka Vishai Ha 19 (Sep)
  • Vaad-Samvaad 18 (Sep)
  • Money Talk 18 (Sep)
  • Current Affairs 21 (Sep)

 

 

 

 

× All donations towards the Prime Minister's National Relief Fund(PMNRF) and the National Defence Fund(NDF) are notified for 100% deduction from taxable income under Section 80G of the Income Tax Act,1961""