CBI searches 8 West Bengal sites after 191cr PNB accusations
India
CBI just searched eight spots in West Bengal after three companies (Tantia Construction, Brahm Alloys, and Amrit Feeds) were accused of cheating Punjab National Bank out of a whopping ₹191 crore.
The investigation focused on the directors' homes to track down where the money went.
Tantia 73cr Brahm 58cr Amrit 60cr
Each company allegedly played a different game: Tantia Construction shifted ₹73 crore to shady accounts, Brahm Alloys rerouted ₹58 crore into group investments and tweaked their books, while Amrit Feeds sold off assets without asking the bank and pocketed ₹60 crore for related businesses.
CBI registered cases against the companies, and now CBI has filed cases against the companies.