LUDHIANA: In a major development in the alleged Rs 1,530 crore bank fraud case involving Ludhiana-headquartered SEL Textiles Limited, the Central Bureau of Investigation (CBI) has filed a charge-sheet in a Mohali court.
Neeraj Saluja, one of the directors of the company, is already under arrest since October 28, 2022 in connection with the case.
As per the CBI sources, those named in the charge-sheet include M/s SEL Textiles Limited, owners of the company, brothers Neeraj Saluja and Dhiraj Saluja, Navneet Gupta (director), Ram Dass Khanna, partner of M/s Dass Khanna & Co. (statutory auditor of M/s SEL Textiles Limited) and SEL’s group concerns namely M/s Rhythm Textiles & Apparels Park Limited and M/s Silverline Corporation Limited.
Notably, in August 2020, the CBI had registered a case against SEL, its directors, unidentified public servants and private persons in connection with the alleged bank fraud.
It was alleged that the accused had cheated a consortium of 10 banks, led by Central Bank of India, causing fraud of around Rs 1,530.99 crore.
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