{"id":586738,"date":"2023-06-24T10:15:01","date_gmt":"2023-06-24T04:45:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=586738"},"modified":"2023-06-24T12:16:03","modified_gmt":"2023-06-24T06:46:03","slug":"ilfs-fraud-raids-in-mum-delhi-ukhand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-fraud-raids-in-mum-delhi-ukhand\/","title":{"rendered":"IL&amp;FS fraud: Raids in Mum, Delhi, U\u2019khand"},"content":{"rendered":"<p>Mumbai: The CBI raided several premises in New Delhi, Dehradun (Uttarakhand) and Mumbai after registering two separate cases in the Rs 120-crore bank fraud involving two subsidiary companies of Mumbai-based Infrastructure Leasing &amp; Financial Services Ltd (IL&amp;FS). The CBI\u2019s Bhopal unit has regsitered two cases against IL&amp;FS Energy Development Company, IL&amp;FS Transportation Network and the companies\u2019 senior executives. <\/p>\n<p>Earlier this month, the CBI had registered a Rs 6,524-crore loan fraud case against IL&amp;FS Transportation Network Ltd. It is alleged that IL&amp;FS Group started defaulting on payment to its creditors and that its top management had given dubious loans to many companies who defaulted on payment which caused losses to the group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The CBI raided several premises in New Delhi, Dehradun (Uttarakhand) and Mumbai after registering two separate cases in the Rs 120-crore bank fraud involving two subsidiary companies of Mumbai-based Infrastructure Leasing &amp; Financial Services Ltd (IL&amp;FS). The CBI\u2019s Bhopal unit has regsitered two cases against IL&amp;FS Energy Development Company, IL&amp;FS Transportation Network and the companies\u2019 senior executives. Earlier this month, the CBI had registered a Rs 6,524-crore loan fraud case against IL&amp;FS Transportation Network Ltd. It is alleged that IL&amp;FS Group started defaulting on payment to its creditors and that its top management had given dubious loans to many [&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":[130,246,137],"tags":[],"class_list":["post-586738","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/586738","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=586738"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/586738\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=586738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=586738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=586738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}