The Central Bureau of Investigation has registered a case against a private company based at Ahmedabad & its Directors and other unknown public servants on the allegations of causing loss of Rs.46.79 crore(approx) to Union Bank of India, Ahmedabad Branch.
Name of the accused in FIR:-
i) M/s Greendiamz Biotech Pvt. Ltd, Ahmedabad.
ii) Champat Rikhabchand Sanghavi, Ahdemabad.
iii) Deepak Champat Sanghvai, Ahmedabad
iv) Ashwin R.Shah, Ahmedabad,
v) Unknown public servant(s) & private person(s)
It was alleged that the accused had diverted/siphoned off funds disbursed to them through falsification of information/documents and had committed the offence of criminal breach of trust, cheating, misappropriation of public fund in connivance with one another.
Searches were conducted at different locations in Ahmedabad at the premises of the accused, including borrower company which led to recovery of incriminating documents.
Investigation is continuing.
