Bank Fraud News - Latest Updates & Headlines
Fugitive Mehul Choksi living in Belgium, plans to move to Switzerland for treatment
New Delhi, March 23: Fugitive businessman Mehul Choksi, who is wanted in India for his alleged involvement in a Rs 13,500-crore bank loan fraud, was previously believed to be residing in Antigua and Barbuda before reportedly travelling and residing in Antwerp, Belgium, with his wife, Preeti Choksi, after obtaining a residency card, according to a media report.
ED Hyderabad restores Rs 30-crore seized properties to SBI
New Delhi, Feb 15: A Special Hyderabad court has allowed the ED to hand over properties worth Rs 30.71 crore to the State Bank of India in connection with a money laundering case against Sheetal Refineries Limited.