CBI lodge complaint against company for duping bank

Photo of the logo of CBI.

New Delhi: According to the information given by the officials, the Central Bureau of Investigation today lodged a complaint against a Chandigarh-based company and three of its director for deceiving a bank in Punjab over Rs 1,300 crore.

The CBI detained Kudos Chemie Ltd, Chandigarh, and its directors Jitendra Singh, Kabir Sodhi and Gurmeet Sodhi under several offences including criminal planning and defrauding.

The case was registered following a complaint by the Punjab National Bank (PNB) that the directors along with several unknown persons siphoned off Rs 1,301 crore from the bank by availing credit facilities using false and untrue documents.

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