CBI books Delhi firm for Rs 2,040.63 crore bank fraud.
The CBI has booked Delhi-based Hanung Toys & Textiles Limited (HTTL) and its directors for allegedly cheating a consortium of 12 banks of Rs 2,040.63 crore from 2012 to 2014.
The accused company transacted with international firms that were not in the business of soft toys and textiles, which raised suspicion.
As per reports,Transactions to the tune of ₹11,257 crore were routed through one Almondz Impex Private Limited. However, its office was not found at the given address. The Corporate Affairs Ministry website revealed that the firm was set up in February 2013 but had not filed any balance-sheet. Its name has now been struck off by the Ministry.