Another Bank Scam, Case On CM’s Son-In-Law!

The CBI has registered a case against Punjab Chief Minister Captain Amarinder Singh’s son-in-law, Gurpal Singh, in connection with an alleged bank fraud case.

Gurpal Singh, owner of India’s one of the biggest Simbhaoli Sugars Ltd, had allegedly cheated a bank. Based on a complaint lodged by bank, the CBI on registered the case on February 22 this year.

The bank managed complained Gurpal Singh took Rs 97. 85 crore which declared fraud in 2015.  Another corporate loan of Rs 110 crore was also taken to repay the previous loan.

The investigating agency launched probe into the fraud. Cases were also registered 12 others of the company’s officials. The CBI was also questioning the bank officials who allegedly helped the company in providing loans.