{"id":302503,"date":"2019-11-23T11:27:13","date_gmt":"2019-11-23T05:57:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=302503"},"modified":"2019-11-23T11:27:13","modified_gmt":"2019-11-23T05:57:13","slug":"bhushan-power-and-steel-limited-former-cmd-arrested-by-enforcement-directorate","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bhushan-power-and-steel-limited-former-cmd-arrested-by-enforcement-directorate\/","title":{"rendered":"Bhushan Power and Steel Limited former CMD arrested by Enforcement Directorate"},"content":{"rendered":"<p>The Enforcement Directorate, on Friday, arrested Sanjay Singal, former Chairman of Bhushan Power and Steel Limited in connection with an ongoing money laundering probe against him.<\/p>\n<p>ET had reported on October 19 that ED in its probe report had said that BPSL chairman Sanjay Singal had devised a \u201cbrilliant scheme to dress up the books of accounts\u201d of the company.<\/p>\n<p>\u201cBPSL had devised a peculiar modus operandi to siphon funds obtained as loans from various banks\/financial institutions,\u201d the ED said. \u201cSingals did not use the bank funds for the purpose for which the same were sanctioned, committed forgery and falsified accounts, causing wrongful loss to the lending banks.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Enforcement Directorate, on Friday, arrested Sanjay Singal, former Chairman of Bhushan Power and Steel Limited in connection with an ongoing money laundering probe against him. ET had reported on October 19 that ED in its probe report had said that BPSL chairman Sanjay Singal had devised a \u201cbrilliant scheme to dress up the books of accounts\u201d of the company. \u201cBPSL had devised a peculiar modus operandi to siphon funds obtained as loans from various banks\/financial institutions,\u201d the ED said. \u201cSingals did not use the bank funds for the purpose for which the same were sanctioned, committed forgery and falsified [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-302503","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=302503"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302503\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=302503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=302503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=302503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}