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Breaking News Scam of 134 crores in Union Bank of India, Associate High Pressure Technologies registered

Jun 11, 2021
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Union Bank of India has made a loss of 134 crores by a Private company, CBI has registered a case

Today searches were conducted at Mumbai where a scam of Rupee 134 crores was noticed. The private company was responsible for making a loss of 134 crores rupee to Union Bank of India. Searches were conducted at 6 places in Mumbai. The company was owned by Associate High Pressure Technologies private limited.

CBI registers a case against a private company & others including its directors for causing an alleged loss of approximately Rs 134.43 crores to Union Bank of India, conducts searches reported Ani.

CBI has registered a case against Associate High Pressure Technologies Pvt. Ltd. based at Gandhidham, Gujarat &others incl its directors, unknown public servants for causing alleged loss of around Rs 134.43 cr to Union Bank of India. Searches conducted today at 6 places in Mumbai.

This is a developing story we will soon update you.

On Wednesday CBI said that two companies have been booked for diverting 466 crore rupee of Yes Bank.

Central Beuro of Investigation on Wednesday had informed that they had registered a case on two pvt and Ltd’s for allegedly causing loss of 466.51 crore rupee. The loss of 466 crore was done to Yes Bank in 2019. CBI had raided 14 + locations in Delhi, Secunderabad and Kolkata. The raids was successful in getting the digital documents or evidence of the loss done by the company to pvt. The two companies who have been booked are Gautam Thapar and Avantha Realty.

CBI registers case against two Delhi-based pvt companies incl its Directors/Promoters for causing alleged loss of around Rs 466.51 cr to Yes Bank. Searches conducted at 14 locations incl Delhi-NCR, Secunderabad & Kolkata led to recovery of incriminating documents/digital evidence.

CBI carries out searches at multiple locations in Delhi and NCR after registering FIR against Gautam Thapar, Avantha Realty and others for alleged diversion of over Rs 466 crore in Yes Bank during 2017-19: Officials reported in PTI.

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