The Central Bureau of Investigation (CBI) has filed an FIR against a Bhopal-based firm, The Great Logistic & Parking Services Ltd (TGLPSL), and its officials for allegedly defrauding IDBI Bank to the tune of Rs 21.48 crore.
A senior CBI officer said that the agency received a complaint from Shipra Tiwari, General Manager of IDBI Bank in Mumbai, against the Bhopal-based firm and its officials, namely Hemangi Bharat Patel (guarantor and independent director), Smita Bharati Patel (director), and Noopur Bharat Patel, Bharat Surendra Patel, Bharati Surendra Patel and Deepak Jagdish Chandra Shah (all promoter directors).
The complaint alleged that all the accused, along with others, conspired to cheat IDBI Bank and, in furtherance of this conspiracy, misappropriated sanctioned credit facilities through cheating, breach of trust, fund diversion, circular transactions between related sister concerns, and misrepresentation of income and expenditure records.
