Yet another Rs 1,394 cr bank fraud, now in Hyderabad
Hyderabad: Yet another bank fraud has come to light, with the CBI filing a case against Hyderabad-based Totem Infrastructure Ltd (TIL) for allegedly defrauding a consortium of eight banks led by Union Bank of India (UBI) to the tune of Rs 1,394 crore.
The Central Bureau of Investigation (CBI) issued lookout circulars against TIL's promoters and directors -- Tottempudi Salalith and his wife Tottempudi Kavitha -- whose whereabouts were reportedly not known. Salalith is also director in 10 other private firms dealing in road construction.
A CBI team also carried out raids here at two places after filing the FIR against the firm, its promoters and directors and other unidentified public servants. The raids were conducted at the residential and office premises of the firm and accused persons.
The CBI on Thursday filed the case on the basis of a complaint filed by UBI's Industrial Finance Branch (Hyderabad) which alleged to be cheated Rs 313.84 crore by the firm.
State Bank of India, which tops the list with Rs 357.64 crore of loans, is followed by UBI (Rs 313.84 crore), Bank of Baroda (Rs 208.67 crore), IDBI (Rs 174.47 crore), Punjab National Bank (Rs 126.30 crore), Oriental Bank of Commerce (Rs 79.96), JM Financial Asset (Rs 69.07 crore) and Syndicate Bank (Rs 64.48 crore).
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Mohali schools receive bomb threat emails, Fortis Hospital also mentioned
Chandigarh (PTI): Some schools in Punjab's Mohali received bomb threat emails on Tuesday, which also mentioned Fortis Hospital, prompting police to launch search operation, officials said.
"The bomb threat to schools also mentioned the Fortis Hospital in Mohali, where we conducted anti-sabotage checks. Non-essential services were kept on hold while essential services continued," a senior police official said in Mohali.
He said the police were conducting checks in the schools.
Security had already been strengthened in and around Fortis hospital in Mohali after Chief Minister Bhagwant Mann was admitted there. Chief Minister Mann was re-admitted in the hospital on Monday evening, hours after he was discharged from the health facility. Mann was admitted again after he experienced exhaustion, said sources.
On Wednesday, sixteen private schools in Mohali had received bomb threat emails, triggering evacuation and prompting detailed anti-sabotage checks by police.
However, after detailed inspection, no suspicious or explosive material was found at any of the locations.
The latest scare comes close on the heels of similar threats in Chandigarh, Amritsar, Jalandhar, Patiala and Haryana schools. All threats turned out to be hoaxes.
