Mumbai: The Central Bureau of Investigation (CBI) on Monday (September 14, 2020) registered a case towards a Mumbai based mostly non-public firm and others together with its Chairman, Director and so forth after a dishonest grievance was filed by State Bank of India (SBI).
As per the CBI, it was alleged that Mumbai based mostly non-public firm was manufacturing the aluminium foils having its functions as packaging materials used within the pharmaceutical, meals and FMCG sectors.
It was additional alleged that the accused together with the opposite unknown individuals had entered right into a conspiracy and submitted faux paperwork and have been additionally concerned within the diversion of funds and so forth.
An alleged loss to the tune of approximately Rs 338.52 crore was precipitated to SBI.
Searches have been carried out on the premises of the accused and firm in Mumbai which led to the restoration of incriminating paperwork.
Further investigation within the case is continuous.