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CBI books Shakti Bhog Foods, directors for Rs 3,269 crore bank fraud
Shakti Bhog Foods had received over Rs 2,000 crore from a consortium of 10 lenders, led by the SBI. The CBI FIR alleged that top officials of the company siphoned off public money
BusinessToday.In | January 2, 2021 | Updated 22:14 IST
Central Bureau of Investigation has filed a case against Shakti Bhog Foods and its officials for defrauding a consortium of 10 banks of Rs Rs 3,269 crore. The FIR was filed on the basis of a complaint from the State Bank of India (SBI). In the FIR, the central probe agency has also named Shakti Bhog Foods Managing Director Kewal Krishna Kumar and directors Siddharth Kumar and Sunanda Kumar as accused. ....

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