A new case has been registered against Unitech Managing Director, Rajesh Chandra, his father and his brother. The case has been registered by CBI on a alleged fraud conducted with Canara Bank of worth Rs 198 crore. The investigation process has been started and searches were conduct at various locations of the accused parties. Canara Bank has accused Chandra of using public funds for personal use and breach of trust. They have been using credit card facility from personal and corporate guarantees and there are unexplained business write offs.
CBI registers case against Rajesh Chandra for Canara Bank fraud worth Rs 198 crore
