In another bank scam, CBI issues lookout notice against Punjab CM's son-in-law
New Delhi: The CBI has issued lookout notice against Punjab Chief Minister Amarinder Singh's son-in-law Gurpal Singh in connection with the alleged bank fraud case of Rs 109.08 crore by Simbhaoli Sugars Ltd, an official said on Wednesday.
The agency also issued the circular against three other top former executives of Simbhaoli Sugars Ltd -- CEO G.S.C. Rao, Chief Financial Officer Sanjay Thapar and Executive Director Gursimran Kaur Mann.
Simbhaoli Sugars, one of the largest sugar mills in the country, and its executives are being probed for cheating Oriental Bank of Commerce (OBC) in 2011 by availing credit facilities on the pretext of financing sugarcane farmers.
The agency had registered a case against the sugar mill, its Chairman Gurmit Singh Mann, the then (in 2015) Deputy Managing Director Gurpal Singh (now director) and others in connection with the alleged bank loan fraud.
Rao, Tapriya, Gursimran Kaur Mann and five non-executive directors were also booked by the agency.
The CBI had carried out searches at eight premises including residences of the directors, factory, corporate office and registered office of the company in Delhi, Hapur and Noida.
The probe focuses on two loans -- Rs 97.85 crore which was declared fraudulent in 2015 and another corporate loan of Rs 110 crore which was used to repay the previous loan.
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MP CM Yadav announces credit cards, financial aid for cow keepers
Bhopal, Nov 2: The Madhya Pradesh government will provide credit cards to those rearing cows and their progeny, similar to those available to farmers, to help manage the upkeep of cattle, Chief Minister Mohan Yadav announced on Saturday.
“Along with the people growing crops, credit cards will also be made available to those rearing cows and their progeny to enable them to manage expenses on their care,” Yadav said during the state-level ‘Govardhan Puja’ ceremony at Ravindra Bhawan here.
He said that people who care for more than 10 cows will be given special financial aid, adding that the state government will invest and make arrangements for rearing 5,000 to 10,000 cows under the limits of municipal Corporations.
He said that people found guilty of slaughtering cows in MP will get seven years of imprisonment.
Earlier, he took part in the Govardhan Puja at his official house.
Later in Gwalior, where he attended two such events, Yadav said the state would protect the cow and its offspring.
Ministers and MLAs across the state also participated in Govardhan Puja.
Before holding this function at the state level, the BJP government in MP had organised ‘Shastra Puja’ (worshipping of weapons) on Dussehra in a similar manner, with the CM, his ministers and MLAs across the state joining in.
