CBI arrests four for cheating banks to the tune of â¹2,240 cr
The CBI has arrested four Directors of Surya Vinayak Industries Limited for allegedly cheating a consortium of banks to the tune of â¹2,240 crore. The four accused allegedly used over 100 shell companies for the routing and diversion of bank funds, reports claimed. Also, more than â¹300 crore of working capital was reportedly routed to six companies set abroad.