Businessmen's Statements Begin in Banking Offense Case at Patan High Court
Summary
Statements have begun in the banking offense case against businessmen Deepak Bhatta, Shankar Lal Agarwal, and others at Patan High Court regarding misuse of loan funds.
Key Points
- Statements of businessmen Deepak Bhatta, Shankar Lal Agarwal, and others in the banking offense case have begun at Patan High Court.
- The case involves misuse of a loan amounting to over 42 crore rupees taken for Jagdamba Steels.
- Jagdamba Steels allegedly diverted loans meant for industrial raw materials and operations to personal accounts for purchasing shares and land.
- Shankar Lal Agarwal was arrested by the Central Investigation Bureau and produced in court, where his statement is ongoing.