CBI files FIR against IL&FS Energy, top execs in Rs 212cr Canara Bank loan fraud case
The CBI filed a first information report against IL&FS Energy Development Company Ltd and its top executives. The accused include the managing director and directors Sunil Wadhwa, Anoop Seth, Hari Sankaran, Ramesh Chandra Bawa, and Arun Kumar Saha. Several unknown private individuals and public servants are also named in the case. The investigation involves a loan fraud case involving Canara Bank totaling 212 crore rupees. The case was officially registered on October 21. This action followed a complaint made by the Canara Bank circle office located in Bandra.
CBI has named M/s IL&FS Energy Development Company Ltd, its MD and directors — Sunil Wadhwa, Anoop Seth, Hari Sankaran, Ramesh Chandra Bawa and Arun Kumar Saha — and unknown public servants and private individuals as accused. The case was registered on Oct 21 following a complaint by Canara Bank’s circle office in Bandra.