Live
- Kiran Abbavaram's Hard Work Pays Off: Bunny Vasu Lauds Ka Team at Success Meet
- PM Modi’s welfare schemes transform rural lives in Bokaro, residents share gratitude
- We will ensure Bangladeshi infiltrators are removed from Jharkhand: BJP's Gourav Vallabh
- Hezbollah fires five rockets at central, northern Israel: sources
- HM Amit Shah, Rajnath Singh to address several rallies in Jharkhand tomorrow
- Will not waste single day in getting back what we lost, Omar Abdullah tells Assembly
- PM Modi visits Advani's residence to wish him on birthday, shares special moment
- Sun-Dried Cotton to Be Taken to CCI Purchase Centers, Avoid Middlemen - Collector
- Survey Process Requires Public Cooperation - Collector Badavath Santosh
- Distribution of Maize Seeds to Farmers at Agricultural Research Center
Hyderabad: ED arrests Vuppalapati Satish in bank fraud case
Enforcement Directorate
Highlights
- ED takes Vuppalapati Satish into custody in bank fraud case
- It was alleged that he cheated banks obtaining Rs 3,316 crore loan
The Enforcement Directorate (ED) on Thursday arrested Vuppalapati Satish, managing director of Pruthvi Information Solutions for allegedly cheating the banks by obtaining a loan amount of Rs 3,316 crore.
The ED took Satish into custody after approaching the court on the allegations that he cheated several banks and obtained Rs 3,316 crore loan.
On August 6, the ED arrested Satish's sister Vuppalapati Hima Bindu, managing director of VMC Systems Limted in Rs 1,700 crore Punjab National Bank (PNB). Hima Bindu and two others directors detained under Prevention of Money Laundering Act.
Next Story
ADVERTISEMENT
