Punjab CM Amarinder Singh tried to defend son-in-law; Oriental Bank

     Written by : SMTV24x7 | Tue, Feb 27, 2018, 03:25 AM

Punjab CM Amarinder Singh tried to defend son-in-law; Oriental Bank

Chandigarh, Feb 27: Punjab Chief Minister Amarinder Singh on Monday flayed attempts to politicise the Oriental Bank of Commerce (OBC) case with unsubstantiated charges against his son-in-law.

Amarinder said that his son-in-law, Gurpal Singh, "is a minority shareholder with a mere 12.5 percent share in Simbhaoli Sugars, and is being unnecessarily dragged into the controversy".

In a statement issued here, the Chief Minister said that as per his information, "the alleged fraud, which was at the centre of the case, had been the subject matter of court proceedings before the DRT (Debts Recovery Tribunal) in a recovery suit filed by the Bank, which was settled between the company and the OBC, and was recorded by DRT, Lucknow by way of a consent order dated March 16, 2015".