Lookout notice against Son of Punjab CM Amarinder Singh- fraud case

     Written by : SMTV24x7 | Wed, Mar 28, 2018, 10:35 PM

Lookout notice against Son of Punjab CM Amarinder Singh- fraud case

New Delhi, March 28: The CBI has issued lookout notice against Punjab Chief Minister Amarinder Singh's son-in-law Gurpal Singh in connection with the alleged bank fraud case of Rs 109.08 crore by Simbhaoli Sugars Ltd, an official said on Wednesday.

The agency also issued the circular against three other top former executives of Simbhaoli Sugars Ltd -- CEO G.S.C. Rao, Chief Financial Officer Sanjay Thapar and Executive Director Gursimran Kaur Mann.

Simbhaoli Sugars, one of the largest sugar mills in the country, and its executives are being probed for cheating Oriental Bank of Commerce (OBC) in 2011 by availing credit facilities on the pretext of financing sugarcane farmers.

The Central Bureau of Investigation (CBI) on March 1 questioned Gurpal Singh in connection with the case.