• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Punjab CM Amarinder Singh's son-in-law booked in Simbhaoli Sugars loan default case

By Chennabasaveshwar
|

Punjab CM Captain Amarinder Singh's son-in-law is one of the 13 booked for bank fraud case against Simbhaoli Sugars Ltd. Amarinder Singh's son-in-law, Gurmit Singh Mann is Chairman of the Hapur-based Simbhaoli Sugars Ltd. Bombay Stock Exchange-listed Simbhaoli Sugars is one of the largest sugar mills in the country.

Punjab CM Captain Amarinder Singh

The company's Chief Executive Officer GSC Rao, CFO Sanjay Tapriya, Executive Director Gursimran Kaur Mann and five non-executive directors have also been booked by the agency.

The bank had complained to the CBI on November 17, 2017, but the agency registered the case only on February 22 this year.

The probe focuses on two loans: Rs 97.85 crore which was declared fraud in 2015 and another corporate loan of Rs 109 crore which was used to repay the previous loan.

(With agency inputs)

lok-sabha-home

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X

Loksabha Results

PartyLWT
BJP+2820282
CONG+93093
OTH72072

Arunachal Pradesh

PartyLWT
BJP404
CONG000
OTH000

Sikkim

PartyLWT
SDF505
SKM000
OTH000

Odisha

PartyLWT
BJD12012
BJP404
OTH000

Andhra Pradesh

PartyLWT
YSRCP62062
TDP18018
OTH101

AWAITING

Shatrughan Sinha - INC
Patna Sahib
AWAITING
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more