Simbhaoli Sugars Limited

The Enforcement Directorate Tuesday said it has attached assets worth Rs 110 crore of Simbhaoli Sugars Limited, one of India''s largest sugar mills, in connection with a money laundering probe against the firm related to an alleged bank loan fraud.

The ED has registered a money laundering case against Simbhaoli Sugars Limited and its executives in connection with an alleged bank loan fraud of Rs 97.85 crore, officials today said.

Punjab Chief Minister Amarinder Singh's son-in-law is among the 11 persons accused of causing a loss of Rs 109 crore to the Oriental Bank of Commerce, the Central Bureau of Investigation (CBI) said. The probe agency has registered a case of fraud against Simbhaoli Sugars Limited -- a private sugar-manufacturing firm based in Uttar Pradesh's Simbhao...

Simbhaoli Sugars Limited has informed the Exchange that the Company has appointed Mr. BK Goswami as an additional director on the Board of the Company by way of resolution passed through circulation on June 11, 2010 by the Board of directors of the Company.

The Enforcement Directorate Tuesday said it has attached assets worth Rs 110 crore of Simbhaoli Sugars Limited, one of India''s largest sugar mills, in connection with a money laundering probe against the firm related to an alleged bank loan fraud.

The ED has registered a money laundering case against Simbhaoli Sugars Limited and its executives in connection with an alleged bank loan fraud of Rs 97.85 crore, officials today said.

Punjab Chief Minister Amarinder Singh's son-in-law is among the 11 persons accused of causing a loss of Rs 109 crore to the Oriental Bank of Commerce, the Central Bureau of Investigation (CBI) said. The probe agency has registered a case of fraud against Simbhaoli Sugars Limited -- a private sugar-manufacturing firm based in Uttar Pradesh's Simbhao...

Simbhaoli Sugars Limited has informed the Exchange that the Company has appointed Mr. BK Goswami as an additional director on the Board of the Company by way of resolution passed through circulation on June 11, 2010 by the Board of directors of the Company.