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CBI Files Case Against Netherlands-Based Firm In Rs 151 Crore Alleged Bank Scam

The Central Bureau of Investigation (CBI) has registered an FIR against Ballarpur International Holdings (BIH) BV, a Netherlands-based enterprise, for an alleged banking scam amounting to Rs 151 crore, officials said on Saturday.

CBI registers FIR against Netherlands-based firm in alleged Rs 151-cr banking scam

The Central Bureau of Investigation (CBI) registered an FIR against Ballarpur International Holdings (BIH) BV, a Netherlands-based enterprise, for an alleged banking scam amounting to Rs 151 crore, officials said on Saturday.

CBI registers FIR against Netherlands-based firm in alleged Rs 151-cr banking scam

The Central Bureau of Investigation CBI has registered an FIR against Ballarpur International Holdings BIH BV, a Netherlands-based enterprise, for an alleged banking scam amounting to Rs 151 crore, officials said on Saturday.The company is promoted by Avantha International Assets BV and serves as a subsidiary of Ballarpur Industries Limited BILT, a paper manufacturing establishment under the Avantha Group promoted by Gautam Thapar that is facing a separate probe allegedly involving Yes Bank founder Rana Kapoor.Thapar and the Avantha group are not listed as accused in the FIR.

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