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Business News

Jun 28, 2018
7:59PM

CBI charge sheets 2 ex-CMDs of Canara bank

The CBI has filed a charge sheet against two former chairman cum managing directors of the Canara Bank in connection with alleged loan default of 146 crore rupees by Jatin Mehta of Winsome Diamonds and has also sought a Red Corner Notice against the jeweller. 

Mehta is absconding and believed to have got St Kitts passport. The Charge sheet is filed in Special CBI Court in Mumbai.

CBI Spokesperson said in New Delhi that the charge sheet is against 21 accused which includes Jatin Mehta, his company, his wife besides 15 public servants.

The public servants charge-sheeted by the agency includes former CMDs Avinash Chander Mahajan and Sunder Rajan Raman. 

Former executive director of the bank, Archana Bhargava, has also been named by the agency in its charge sheet.

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