CBI books Shakti Bhog Foods for allegedly cheating 10 banks of ₹3,269cr

Delhi-based Shakti Bhog Foods Limited, which sells packaged wheat flour and other items, was booked by CBI for allegedly cheating a consortium of 10 banks led by SBI of ₹3,269 crore. CBI booked MD Kewal Krishan Kumar and other Directors Siddharth Kumar and Sunanda Kumar. SBI claimed that the directors falsified accounts and forged documents to siphon off public funds.