CBI books textile bleaching firm in Chennai for cheating bank of 12 cr | Chennai News
Chennai: The Central Bureau of Investigation (CBI) has booked a city-based textile bleaching firm, its directors and promoters on charges of cheating IDBI Bank to the tune of 12 crore. According to the FIR, Sri Lakshmi Saraswathi Spintex Ltd fraudulently availed various credit facilities from the bank and subsequently diverted and misappropriated the funds, causing…
