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CBI books Chandra Proteco, its directors in alleged bank fraud case

The agency said the company was engaged in “systematic financial manipulations, including operating clandestine accounts with non-consortium banks, and devolving letters of credit through entities sharing common directors/sister concerns”

The Hindu · · 1 min read ·

CBI books Chandra Proteco, its directors in alleged bank fraud case
CBI books Chandra Proteco, its directors in alleged bank fraud case (Image: The Hindu)

The agency said the company was engaged in “systematic financial manipulations, including operating clandestine accounts with non-consortium banks, and devolving letters of credit through entities sharing common directors/sister concerns”

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