The Central Bureau of Investigation has filed a case of corruption and cheating against Delhi-based Amira Pure Food Pvt. Ltd and its top executives including promoter Karan Chanana and its managing director Rajesh Arora for defrauding 12 banks to the tune of Rs. 1,200 crore.
The fraud came into the notice in a forensic audit in May 2019. The forensic audit report of the bank has revealed that the company has done transactions of Rs 734 crore with shell companies. The complaint also states that the consortium of banks classified the accounts of Amira Pure Foods Pvt Ltd as a non-performing asset (NPA) in the years 2016 and 2017.
The report alleged that the accused falsified the account, and forged and fabricated the documents to gain unlawfully at the cost of bank funds, the officials said
However, it is also feared that the accused may have fled the country. Sources said that the company’s directors were not traceable when the CBI conducted searches on Wednesday.
The FIR has named Arora, Directors Karan A Chanana, Aparna Puri, and Jawahar Kapoor, former Director Anita Diang, and Finance Head Akshay Srivastava as accused.
According to the CBI complaint, Ameera Pure Foods Pvt Ltd has raised Rs 197 crore from Canara Bank, 180 crores from Bank of Baroda, 260 crores from Punjab National Bank, 147 crores from Bank of India, 112 crores from State Bank of India, Yes Bank 99 crores, loans from ICICI Bank 75 crores, 64 crores from Indian Overseas Bank, 47 crores from IDBI and 22 crores from Vijaya Bank.