DHFL Bank Fraud: You must have heard about many scams until now but recently the biggest banking scam in the country’s history has come to the fore. Talking about the price, this figure is so big, that maybe not everyone can even write this amount in numbers. The scam figure is 34,615 crores. This amount has been taken from 17 banks.
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How the biggest scam in history came to the fore
In fact, such a big scam was exposed at the time when the Union Bank of India gave a complaint to the CBI on 11 February. After receiving the Union Bank complaint, the CBI registered a case and immediately took strict action, searching about a dozen places of scam accused along with more than 50 officers.
Who did the 34,615 crore scam?
A case has been registered against some realty sector companies including Kapil Wadhawan, former chairman of Dewan Housing Finance Limited (DHFL), and director Dheeraj Wadhawan, on charges of this scam. Union Bank alleges that DHFL took loans worth Rs 42,817 crore from 17 banks between 2010 and 2018 and the loan repayment stopped in 2019. This loan was taken for different purposes.
According to news, CBI officers said that action was taken on the complaint received from Union Bank of India on February 11 this year and the agency has searched 12 locations linked to the accused. DHFL promoters Kapal Wadhawan and Dheeraj Wadhawan are already in jail.
