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HDIL promoters Rakesh, Sarang Wadhawan booked in ₹140-cr bank fraud case
short by Ashley Paul / on Thursday, 5 January, 2023
CBI has booked Housing Development and Infrastructure Limited (HDIL) promoters Rakesh and Sarang Wadhawan in a new bank fraud case involving an amount of ₹140 crore in connection with their subsidiary Guruashish Construction. The duo was booked after a complaint from Union Bank of India alleging the Wadhawans "cheated" it "with dishonest intention to make wrongful gain".
read more at Moneycontrol