Bank Officer Commits Fraud

The CBI has charge-sheeted a bank officer and his accomplice whose rapacious appetite for online gaming lured them to allegedly embezzle more than Rs 55 crore from various accounts, a major chunk of which was funnelled to virtual betting tables.

The Central Bureau of Investigation (CBI) Friday filed a charge sheet against four of its officials in a bribe-for-relief case involving the investigation against Frost International for allegedly committing a bank fraud of over Rs 4,300 crore, officials said.

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a US extradition request, saying Meng's alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing.

Britain's Serious Fraud Office said Tuesday it had charged Barclays and four former employees, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.

The CBI has charge-sheeted a bank officer and his accomplice whose rapacious appetite for online gaming lured them to allegedly embezzle more than Rs 55 crore from various accounts, a major chunk of which was funnelled to virtual betting tables.

The Central Bureau of Investigation (CBI) Friday filed a charge sheet against four of its officials in a bribe-for-relief case involving the investigation against Frost International for allegedly committing a bank fraud of over Rs 4,300 crore, officials said.

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a US extradition request, saying Meng's alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing.

Britain's Serious Fraud Office said Tuesday it had charged Barclays and four former employees, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.