This story is from November 18, 2021
Firm bosses booked for Rs 19 cr loan fraud
Hyderabad: The Central Bureau of Investigation has booked an FIR against directors of Amazon Enterprises Private Limited for Rs 19.1 crore
loan fraud
. Union Bank of India, Ameerpet branch had filed a complaint against M Kamalnath of Amberpet, K Radha Krishna of Madhapur, Amazon Enterprises, K Govind, A Srinivasa Prasad, K Narasimham and others. The directors of the company are said to have conspired withvaluers and obtained loans by mortgaging disputed plots. The accused were booked for cheating the bank. TNNPopular from City
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