ED arrests five in Bhushan Steel bank ‘fraud’ case

New Delhi, January 12 The ED has arrested five persons in an alleged Rs 56,000 crore bank loan fraud case against erstwhile Bhushan Steel Ltd. Those taken into custody are Pankaj Kumar Tiwari, former VP banking, former VP accounts Pankaj...

Tribune News Service

Updated At : 02:29 PM Jan 13, 2024 IST

New Delhi, January 12

The ED has arrested five persons in an alleged Rs 56,000 crore bank loan fraud case against erstwhile Bhushan Steel Ltd. Those taken into custody are Pankaj Kumar Tiwari, former VP banking, former VP accounts Pankaj Kumar Agarwal, ex-CFO Nitin Johri, Ajay Mittal, brother-in-law of former promoter Neeraj Singal, and Ajay’s wife Archana Mittal.

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