New Delhi: The Central Bureau of Investigation (CBI) has filed a supplementary charge sheet against former Yes Bank Managing Director and CEO Rana Kapoor, Avantha Group promoter Gautam Thapar and Oyster Buildwell Pvt Ltd for allegedly defrauding Yes Bank of Rs. has been filed. 466.51 crore, the investigating agency said in a statement.
The CBI had registered a case against Oyster Buildwell Pvt Ltd, Gurugram and others on June 2, 2021, on the complaint of Yes Bank, alleging that the accused had committed criminal breach of trust, cheating, criminal conspiracy and misappropriation of public funds. was forgery. , during 2017-2019.
“First searches were conducted on June 5, 2021 at several premises including the official/residential premises of the accused, which led to the recovery of several documents and digital evidence,” the agency said.
During investigation it was found that the borrower company had availed credit facilities from Yes Bank and diverted the same to its holding company and other group companies which were under financial stress and where direct lending by any bank was possible. does not happen.
“During investigation, the role of the said accused, who played a key role in conspiring with each other, in fraudulent transactions which led to loss of public money, came to the fore. 466.51 crore (approx),,” read the press release issued by CBI.
Further investigation is on against the role of other persons.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.