The Congress-led opposition UDF slammed the ruling CPI(M) in Kerala over the Karuvannur bank fraud case, by alleging that on one side the Left party said the investors wouldn't lose their money and on the other it was protecting the culprits behind the scam.
The court also imposed fines on Maven Life Sciences Pvt Ltd, Graupel Pharma Pvt Ltd, Conferro Health Carte Pvt Ltd, Hyderabad Tablet Tools, Kiran Impex Pvt Ltd and Sri Vaishnavi Pharma Chem.
Hyderabad: The Special Judge for CBI cases, Hyderabad has sentenced 12 accused to Rigorous Imprisonment-ranging up to five years and a combined fine of Rs.11 lakh in a bank fraud case. According to a release issued by the Central Bureau of Investigation, the details of those sentenced include K. Raja Rao, the then Branch Manager, […]
CBI had registered the case against D Narasimha Reddy and others following allegations that the accused entered into a conspiracy with others and cheated the bank