Bhushan Steel promoter held in bank fraud case

The Enforcement Directorate on Friday arrested Neeraj Singhal, promoter and former managing director of Bhushan Steel Ltd, followed by a search operation at his residence in connection with its probe in a bank fraud case of Rs 56,000 crore. Singhal has been remanded in ED custody by a special court here till June 20.

from Times of India https://ift.tt/iELxYo8
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