CBI books firm directors for cheating IDBI Bank of ₹168 cr.
The Hindu
Some bank officials are also under the scanner
The CBI has booked four promoter-directors of a Guwahati-based company and others for allegedly cheating the IDBI Bank of about ₹168.62 crore. The accused have been identified as Pranab Ghosh, Pratul Ghosh, Gita Rani Ghosh and Prabir Kumar Ghosh, all promoter-directors of Ghosh Brothers Automobiles, and chartered accountant Arunabha Chattopadhya. Unknown bank officials are also under the scanner. It is alleged that term loan and cash credit facility were sanctioned to the private company based at Betkuchi in Guwahati for buying vehicles. The accused had used forged documents to get the loans. They diverted the funds so raised, causing the loss to the bank.The tribunal set up under the Maintenance and Welfare of Parents and Senior Citizens (MWPSC) Act, 2007, will not get jurisdiction to annul the gift deed if the deed does not contain the condition that the transferee should provide basic amenities and physical needs to the transferor parent/senior citizen of the property, the High Court of Karnataka has said.
Despite a few anxious moments when he was trailing during the counting of votes, BJP’s P.C. Mohan has been elected as Member of Parliament for the fourth term from the Bengaluru Central constituency. He defeated Congress candidate Mansoor Ali Khan by a margin of 32,707 votes. In an interview with The Hindu, Mr. Mohan shared his vision and ideas to develop Bengaluru as a global city, and spoke about lake development and speedy completion of ongoing projects such as suburban rail among his top priorities.