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The new case has been registered on the basis of a complaint dated received from LIC for alleged conspiracy, cheating, misappropriation and offences under prevention of corruption Act.

The agency has alleged fund diversion, misappropriation and other irregularities in the loan funds issued to the company by the bank, officials said.

According to the agency, RHFL had availed loans worth Rs 5,572.35 crore from 18 financial institutions, including Union Bank of India.

With this, the cumulative attachment of the group's assets has reached Rs 16,310 crore.

According to the complaint, the alleged fraud caused a combined loss of about Rs 1,085.19 crore to PNB and United Bank of India.

The agency wanted to record his statement in the Yes Bank linked money laundering case.