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CBI registers case against Subhash Chandra over alleged LIC Housing loan fraud
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CBI registers criminal case against Subhash Chandra over alleged Rs 1,322 crore LIC Housing loan fraud
The Central Bureau of Investigation filed a formal case against Essel Group Chairman Subhash Chandra and others for allegedly causing a Rs 1,322 crore loss to LIC Housing Finance. Investigators alleged that inflated net worth documents were utilized to secure substantial loans fraudulently.
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