Money & Banking

FIRs against absconding diamantaire

PTI New Delhi | Updated on June 11, 2019 Published on June 11, 2019

The CBI has booked absconding diamantaire Jatin Mehta in two fresh cases pertaining to an alleged loan fraud of over ₹587.55 crore on complaints from the Bank of Maharashtra and the Union Bank of India, and carried out searches in these cases, officials said.

According to the complaints from the two state-run banks, Mehta allegedly cheated the Bank of Maharashtra to the tune of ₹323.40 crore, while the Union Bank of India suffered a loss of ₹264.15 crore, they said.

 

Published on June 11, 2019
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