25.1 C
New Delhi
HomeNewsIndia's Biggest Bank Fraud- Builders Assets Worth ₹ 415 Crore Seized

India’s Biggest Bank Fraud- Builders Assets Worth ₹ 415 Crore Seized

Days after An AgustaWestland helicopter was seized from the property of a Maharashtra-based developer blamed for tax evasion and cheating, the Enforcement Directorate today connected resources worth ₹ 415 crore from him, and another manufacturer, who are charged in India’s greatest bank fraud.

Sanjay Chhabria of Radius Developers and Avinash Bhosale of ABIL Infrastructure and Metropolis Hotels were before captured in the Yes Bank-DHFL (Dewan Housing Finance Limited) case that caused a supposed loss of over ₹ 34,000 crore to a consortium of 17 banks drove by Union Bank of India.

Focal Bureau of Investigation, or CBI, officials had last week tracked down the helicopter at the property Avinash Bhosale in Pune.

Today, a land bundle in Mumbai’s Santacruz worth ₹ 116.5 crore, 25% value portions of Mr Chhabria’s organization held in a land package situated at Bengaluru worth ₹ 115 crore, one more level in Santacruz worth ₹ 3 crore, benefit from a lodging having a place with Mr Chhabria at Delhi air terminal worth ₹ 13.67 crore, and three top of the line extravagance vehicles of Sanjay Chhabria worth ₹ 3.10 crore were seized.

Further, resources of Avinash Bhosale as a duplex level having a place in Mumbai worth ₹ 102.8 crore, one land bundle in Pune worth ₹ 14.65 crore, another land package in Pune worth ₹ 29.24 crore, a land package in Nagpur worth ₹ 15.52 crore and one more piece of land situated in Nagpur esteemed at ₹ 1.45 crore were joined.



Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular