Oriental Bank of Commerce fraud: CBI books 2
New Delhi: The CBI on Thursday questioned two persons in connection with its ongoing probe into a Rs 389.85 crore loan fraud in the Oriental Bank of Commerce (OBC).
A Central Bureau of Investigation (CBI) official said it grilled Punita Seth, wife of Sabhya Seth, who is one of the Directors of Karol Bagh-based Dwarka Das Seth International for several hours. It also questioned the mother of Reeta Seth, another director of the firm.
The OBC complaint has alleged that the jewellery company took loans for gold jewellery export or import between 2007 and 2012 but failed to pay back.
The CBI action comes in the wake of a case it registered after receiving a complaint from the OBC on August 16 last year regarding its bad loans. The loans turned into non-performing assets (NPAs) in 2014, but the bank approached the agency last year, after the company had folded up and prime accused Sabhya Seth fled the country.
The CBI has started tracing India-based directors and partners of the company.
On Monday, the CBI issued Look Out Circulars (LOCs) against Sabhya Seth, Reeta Seth, Krishna Kumar Singh, Ravi Singh -- the directors of the diamond jewellery exporting firm.
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Home Minister Amit Shah is the director of JDS MP Prajwal Revanna's pen drive case: Minister Priyank
Kalaburagi: Priyank Kharge, Minister of Rural Development and Panchayat Raj, in a press conference at the Congress office in the city on Monday said that Union Home Minister Amit Shah is the director of the pen drive case involving JDS MP Prajwal Revanna.
Kharge also attacked the BJP for it's reluctance to condemn Prajwal Revanna's actions, instead opting to divert attention by calling for investigations into the video's release and pushing for a CBI inquiry.
He questioned the lack of action from the central government in safeguarding the dignity of the women involved and condemned its action of not yet canceling the diplomatic passport of Prajwal Revanna.
Speaking on the limitations of the Special Investigation Team (SIT) in handling the case, Kharge stressed the necessity for cooperation from the Centre to arrest Prajwal Revanna from abroad. Chief Minister Siddaramaiah has already reached out to the Centre regarding this matter.
Legislative council member Shakala Allamaprabhu Patil, Tippanappa Kamakanur, former minister Revunayaka Belamagi, Congress party's Jagadev Guttedar, Chairman of Kalaburagi Urban Development Authority Mazhar Alam Khan, and Eranna Jhalaki were present.
