: Monday, January 18, 2021, 3:25 PM IST
Cox and Kings loan fraud case: Special court takes cognizance of chargesheet against Peter Kerkar, Rana Kapoor, 11 others
Peter Kerkar (L) and Rana Kapoor (R)
Mumbai: A special court designated under the Prevention of Money Laundering Act (PMLA) last Wednesday took cognizance of the chargesheet filed by the Enforcement Directorate (ED) in the Cox and Kings loan fraud case and issued process against 13 accused in the case including the travel groupâs promoter Ajit Peter Kerkar, its Chief Financial Officer Anil Khandelwal, internal auditor Naresh Jain and Yes bank founder Rana Kapoor.
One of the accused Sagar Deshpande, who was a senior accountant with the travel group was reported dead and hence the case against him stood abated, Additional Sessions Judge Abhijeet A. Nandgaonkar said in his order.
Mumbai Police files sixth FIR against Cox and Kings hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.
Economic Offences Wing files sixth FIR against Cox & Kings
In more trouble for the travel firm Cox & Kings (CNK), the Economic Offences Wing (EOW) of Mumbai police registered a fresh case for allegedly cheating Laxmi Vilas Bank to the tune of Rs 35 crore.
This is the sixth case registered against the group by EOW. To recall, the Enforcement Directorate (ED), on November 26, arrested CNKâs promoter Peter Kerkar in a money laundering case. The fresh case registered by EOW pertains to allegedly defaulting a loan given by the bank, sources said.
Based on the complaint of the bank, EOW has registered a case against Peter, his wife Urshila Kerkar, and others. Last month, EOW registered a case against CNK for allegedly cheating HDFC bank approximately to the tune of Rs 50.71 crore. The EOW and the ED are investigating various allegations against the group pertaining to cheating, forgery and criminal conspiracy.
EOW arrests Cox and Kings CFO Anil Khandelwal in cheating case hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.