January 28, 2016 6:06 PM

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CBI files FIR against Gujarat firm for cheating BoB of Rs 374 crore

CBI has registered a case against two Directors of a Gujarat based private firm and others for causing an alleged loss of around Rs 375 crore to Bank of Baroda. According to the Investigating Agency, the case was registered against them on the basis of complaint of the bank about cheating and criminal conspiracy. It was alleged that the firm had produced foreign bogus bills without making any export. The CBI also conducted searches at 3 places including two in Ahmedabad and one in Mumbai at the premises of accused.

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