ED attaches assets worth INR 367 crore in Bhushan Steel ‘bank fraud’ case – ET Auto
Baua Electric
MARCH 8, 2024
The funds were circulated to infuse capital, buy property and for other personal purposes not intended by the banks,” it has said. “The misappropriated funds were diverted to other group/associated companies, causing wrongful loss to the State Bank of India and the Punjab National Bank ,” the agency has claimed.
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