New Delhi Jan4,2021: The Central Bureau of Investigation has registered a case on a complaint from Punjab National Bank against a private company (borrower company) based in New Delhi and others including its Directors / Guarantors & unknown public servants/private persons for causing an alleged loss of Rs. 168.73 crore(approx) to Punjab National Bank. It was alleged that the said accused had cheated the Punjab National Bank by way of diversion of bank funds, fraudulent transactions, criminal misappropriation etc.
Searches were conducted at 05 locations in Delhi at the office & residential premises of Borrower Company and other accused.
Name of the accused:
M/s Sonear Industries Ltd and others.
The investigation is continuing.