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Realty firm, promoter and others booked for cheating Yes Bank of ₹466 crore


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. ....

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CBI books Avantha Realty, Gautam Thapar in Yes Bank fraud case (Ld)


CBI books Avantha Realty, Gautam Thapar in Yes Bank fraud case (Ld)
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IANS
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CBI raids in Delhi, UP, Raj, Haryana in Rs 1,400 cr bank fraud case. Image Source: IANS News
New Delhi, June 9 : The Central Bureau of Investigation (CBI) has filed a case against industrialist Gautam Thapar of Avantha Realty and Oyster Buildwell Pvt Ltd among several others for allegedly cheating Yes Bank to the tune of Rs 466 crore. The CBI officials said that the agency sleuths were also carrying out searches at 14 locations including at Delhi NCR, Lucknow, Secunderabad and Kolkata which has led to the recovery of incriminating documents and digital evidence. ....

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