Neeraj singhal biography of martin
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How Neeraj Singhal Of Bhushan Steel Ltd Carried Out The Biggest Bank Fraud In India
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Nearly five years ago, the forgery was discovered, and Tata Steel later acquired the insolvent Bhushan Steel.Neeraj singhal biography of martin
The investigating agencies found that Neeraj took money from banks in the name of the business and used it for his personal use.
The Enforcement Directorate has arrested Neeraj Singhal, the promoter and former managing director of Bhushan Steel Ltd., and conducted a search at his home as part of its investigation into a bank fraud case involving Rs 56,000 crore.
A special court remanded Singhal in ED custody until June 20. The Serious Fraud Investigation Office’s allegation against Bhushan Steel and its directors served as the foundation for the ED’s investigation.
Neeraj Singhal’s forgery is considered the biggest bank fraud in the country to date, with public sector banks being affected the most.
Four to five years ago, the forgery was discovered, and Tata Steel later