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CBI searches premises of Deepak Puri, Ratul Puri in Moser Baer fraud case

The Enforcement Directorate (ED) had arrested Ratul Puri on August 19 last year. However, he was later granted bail by a trial court in Delhi

Ratul Puri held the post of chief executive director at Moser Baer till 2012
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Ratul Puri held the post of chief executive director at Moser Baer till 2012

ANI
The Central Bureau of Investigation (CBI) on Friday conducted searches at the premises of Moser Baer Solar Limited directors Deepak Puri, Ratul Puri and others in Delhi and Noida in connection with a Rs 787.25 crore bank fraud case.

According to officials, a case was registered in the matter on a complaint from the Punjab National Bank (PNB) against Moser Baer Solar Ltd and others including its directors and other unknown persons and unknown bank officials.

Based on the complaint, the Enforcement Directorate (ED) had arrested Ratul Puri on August 19 last year. However, he was later granted bail by