CBI arrests 'proclaimed offender' in loan fraud case
- Posted on September 24, 2024
- By Business News Today
- 1 Views
CBI arrests 'proclaimed offender' in loan fraud case
The Central Bureau of Investigation (CBI) has arrested Surender Kumar, a proclaimed offender, in connection with a Rs 21 crore loan fraud involving Bank of Baroda and Standard Chartered Bank. Kumar allegedly transferred loans to his firms using forged documents and was involved in fund diversion from 2009 to 2017.
