CBI registers bank fraud case against Cox and Kings promoters, directors
- Posted on September 26, 2024
- By Business News Today
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CBI registers bank fraud case against Cox and Kings promoters, directors
The CBI has filed a case against Cox and Kings' promoters and directors for an alleged Rs 525-crore bank loan fraud, based on a complaint from Yes Bank. The investigation, previously handled by Mumbai Police, involves charges of cheating, forgery, and criminal misconduct under various IPC sections and the Prevention of Corruption Act.