CBI REGISTERS A CASE AGAINST MUMBAI BASED PRIVATE COMPANY & OTHERS INCLUDING ITS CHAIRMAN, AND CONDUCTS SEARCHES


 

Press Release
New Delhi, 14.09.2020

The Central Bureau of Investigation has registered a case on a complaint from State Bank of India against a Mumbai based private company and others including its Chairman, Director etc. It was alleged that Mumbai based private company was manufacturing the aluminium foils having its applications as packaging material used in the pharmaceutical, food and FMCG sectors. It was further alleged that the accused and other unknown persons had entered into conspiracy & submitted fake documents. It was also alleged that the accused were involved in diversion of funds etc. and cheated the State Bank of India. An alleged loss to the tune of Rs. 338.52 crore (approx.) was caused to State Bank of India.

Searches were conducted at the premises of accused/company in Mumbai which led to recovery of incriminating documents.

Investigation is continuing.

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