New Delhi: The Enforcement Directorate on Wednesday conducted searches at multiple locations in Delhi and adjoining areas as part of an alleged bank loan fraud linked money laundering probe against former promoters of liquidated dairy major Kwality Ltd, official sources said.About a dozen places are being raided under the provisions of the Prevention of Money Laundering Act, the sources said. …
The Central Bureau of Investigation has registered a case against Kwality Limited, Kwality Limited, one of the country's most popular dairy product makers, and its directors for defrauding Bank of India and other banks of over Rs 1400 crore. The CBI has registered the case against Kwality Ltd and its directors Sanjay Dhingra, Siddhant Gupta, Arun Srivastava besides other unidentified …
The CBI Monday conducted searches at eight locations after booking Delhi-based dairy products company Kwality Ltd. and its directors for allegedly cheating a Bank of India-led consortium, causing a loss of over Rs 1,400 crore, officials said. The CBI has registered the case against Kwality Ltd and its directors Sanjay Dhingra, Siddhant Gupta, Arun Srivastava besides other unidentified persons, they …
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