Bank fraud cases; The CBI has identified 169 locations across the country Action test

Increasingly,
there have been examples of some fleeing overseas instead of borrowing
thousands of crores of rupees in banks in the country.

After this,
the CPI (M) had a look at them. And proceedings are being investigated on
behalf of the Enforcement Department. Steps are being taken, including asset
freeze, on those who have failed to pay back the debts of the banks.

These
include Kingfisher Airlines owner Vijay Mallya, diamond dealer Nirav Modi and
his cousin Mukul Chokshi, they are also being prosecuted. There are demands on
India’s behalf to deport them.

CBI has on
behalf of some banks claiming that bank officials have been complicit in these
bank fraud cases. A complaint has been registered with the organization.

In this
case, the CP has registered 169 cases in Andhra Pradesh, Gujarat, Karnataka,
Kerala, Madhya Pradesh, Maratham, Punjab, Tamil Nadu, Telangana, Uttar Pradesh,
Uttarakhand, Dadra and Nagar Haveli, Delhi and Chandigarh. Testing is ongoing.

CBI has
registered 35 cases of bank frauds worth over Rs 7,000 crore. The record is
being investigated.