Industrialist Gautam Thapar booked in Rs 446-cr Yes Bank fraud
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The accused have been booked under sections of criminal conspiracy, cheating, criminal breach of trust and forgery. Last year, the CBI had filed an FIR against Rana Kapoor, former MD of Yes Bank, and his family members apart from Gautam Thapar and his Avantha group in connection with the sale-purchase of a prime property on Amrita Shergill Marg in Delhi
(This story originally appeared in on Jun 10, 2021)NEW DELHI: The CBI has filed an FIR against industrialist Gautam Thapar, promoter of the Avantha Group, and several others in connection with an alleged bank fraud case of Rs 466 crore. Thapar and others have been accused of defrauding
CBI carried out searches at 14 locations in Delhi-NCR, Kolkata, Lucknow, and Secunderabad on Wednesday, after registering the case against Gautam Thapar and others, which led to the recovery of incriminatory documents and digital evidence
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In the present case, the CBI has also booked Raghubir Kumar Sharma, Rajendra Kumar Mangal, Tapsi Mahajan, their companies Oyster Buildwell Pvt Ltd and Avantha Realty Pvt Ltd, and officials of Jhabua Power Ltd.
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In the present case, the CBI has also booked Raghubir Kumar Sharma, Rajendra Kumar Mangal, Tapsi Mahajan, their companies Oyster Buildwell Pvt Ltd and Avantha Realty Pvt Ltd, and officials of Jhabua Power Ltd.
The CBI has carried out searches at multiple locations in Delhi and NCR after registering an FIR against Gautam Thapar, Avantha Realty and others for alleged diversion of over Rs 466 crore in
The Central Bureau of Investigation has registered a fresh case against industrialist Gautam Thapar, promoter Avantha Group of Companies and others including their Directors/Promoters and unknown persons of private companies/bank officials for causing an alleged loss of Rs. 466.51 crore (approx) to Yes Bank.
Realty firm, promoter and others booked for cheating Yes Bank of ₹466 crore
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Searches are being conducted in the premises of the suspects, says a CBI
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Searches are being conducted in the premises of the suspects, says a CBI
The CBI has booked Avantha Realty Limited, its promoter Gautam Thapar, and others for allegedly cheating Yes Bank of ₹466.51 crore in 2017-19.
“Searches are being conducted in the premises of the suspects,” said a CBI official. Last year, the agency had registered a case against the bank’s former managing director, Rana Kapoor, and his family members for allegedly receiving ₹307 crore in bribe to extend favours to the Avantha Group entities.