The Kanishk Gold Private Limited (KGPL), the jeweler based in Chennai, has been charged with deceiving nearly 14 banks to acquire INR 824.15 Crore as a loan. It is acknowledged as a non-performing asset. The KGPL has produced false documents so as get the loan amount sanctioned. The CBI has registered the case and questioned the directors.
CBI probes into Kanishk Gold Bank Loan Scam
IncryptsMar 24, 2018
Related articles
Blockchain Co CEO Fined by SEC
May 16, 2019 
G20 wraps Crypto With Acrid KYC Norms
May 15, 2019 
Colombia Sets Regulation For Crypto Firms
May 15, 2019 
Regulatory Delays Hamper Bitcoin, SEC Worried
May 14, 2019 
Crypto Hack Victim Gets $75 Million Relief
May 13, 2019 
Leave a Reply