Business Desk, AnyTV, New Delhi
Published by: Ajay Singh
Updated Fri, 24 Jun 2022 01:14 PM IST
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The CBI on Friday raided five locations of Delhi-based packaging company Rave Scans Pvt Ltd. This raiding action has been taken in a case of bank fraud. According to a PTI news, this action has been taken by the CBI after the FIR was registered in the fraud case of Rs 69.33 crore.
The CBI has taken this action following a complaint filed by Indian Overseas Bank alleging malpractices in financial transactions against the company. In this complaint, the company has been accused of fraud by misappropriation of funds, misappropriation of the company’s accounts and misappropriation of accounts with the bank. According to officials, this fraud was carried out between the years 2011 and 2016.
After the FIR was registered in this case, the CBI raided the premises of the former directors of the company based in Delhi. On behalf of the bank, it has been alleged that the company and their directors Rakesh Bhatnagar, Bhavnesh Kumar Kanwar, Premnath Arora and Anirudh Bhatnagar cheated the bank to the tune of Rs 69.33 crore.
Let us tell you that according to the sources associated with the CBI, the agency has registered a case against the accused in this case under the provisions of criminal conspiracy, cheating and Prevention of Corruption Act.