CBI registered a case against Essel Group Chairman Subhash Chandra and three others for allegedly defrauding LIC Housing Finance of over ₹1,322 crore. Chandra submitted a net worth certificate of ₹59,113 crore in 2018 to avail loans, but later in insolvency proceedings claimed his net worth was never ₹50,000 crore.
Business
Subhash Chandra Defrauded ₹1,322 Cr With Fake Net Worth: LIC
