The complaint alleged that Purushottam Chhaganlal Mandhana, former Managing Director, Manish Biharilal Mandhana, former Executive Director, and others were involved in the loan fraud.
The Central Bureau of Investigation (CBI) has filed an FIR against Mandhana Industries (now GB Global Ltd), a Mumbai-based firm, for allegedly committing a loan fraud of Rs 975.08 crore.
The 39-year-old company controlled by the Mandhana family started availing credit facilities from the Bank of Baroda in 2008, but the account was declared a non-performing asset on December 31, 2016.
CBI Files FIR Against GB Global Ltd For Alleged Rs 975 08 Cr Loan Fraud menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Central Bureau of Investigation (CBI) has filed an FIR against Mandhana Industries (now GB Global Ltd), a Mumbai-based firm, for allegedly committing a loan fraud of Rs 975.08 crore.TheCBI had received a complaint that led to the filing of .