THE Central Bureau of Investigation (CBI) conducted searches at six locations across four States i.e. West Bengal, Odisha, Tamil Nadu, and Uttarakhand on 18.07.2026 in connection with a Bank fraud case registered against M/s Gupta Power Infrastructure Ltd., Bhubaneswar, Odisha. The case pertains to alleged defrauding of Canara Bank to the tune of Rs.1109 crore in connection with various Fund Based and Non-Fund based financial facilities availed by the accused company from the Bank. It is alleged that the accused manipulated the value of stocks and inflated trade receivables,…
Read MoreCBI Conducts Searches In West Bengal, Odisha, Tamilnadu, And Uttarakhand In Bank Fraud Case Of Rs.1109 Crore
