CBI books Kwality for defrauding Bank of India, other banks of Rs 1,400 crore

CBI books Kwality for defrauding Bank of India, other banks of Rs 1,400 crore

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The Central Bureau of Investigation (CBI) on September 21 said it has registered a case against Delhi-based private company Kwality and its directors, among others, on allegations of causing a loss of approximately Rs 1,400.62 crore to a consortium of banks led by Bank of India.
The company’s directors Sanjay Dhingra, Siddhant Gupta, and Arun Srivastava have been named in the complaint along with other unknown persons.

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The case was filed following a complaint by…
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Source: https://www.moneycontrol.com/news/business/cbi-books-delhi-based-kwality-in-rs-1400-crore-bank-fraud-case-5866621.html/amp