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News Gujarat CBI files FIR against Arihant Jewels, its partners on misappropriation of public funds of Union Bank of India

CBI files FIR against Arihant Jewels, its partners on misappropriation of public funds of Union Bank of India

According to CBI probe, the Jewelry company and its partners were involved in fraud to the tune of Rs. 12.22 crores of public funds of Union Bank of India.

CBI probe into bank fraud Image Source : REPRESENTATIONAL PICCBI probe into bank fraud
Edited By: Raju Kumar
June 06, 2023 16:30 IST

Central Bureau of Investigation (CBI) has registered an FIR against Arihant Jewels, Ahmedabad and its partners over allegations of fraud and misappropriation of public funds of Union Bank of India to the tune of Rs. 12.22 crores for wrongful gain to themselves and wrongful loss to the bank, said an official on Tuesday.

More information to be updated

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