The audit also flagged that the company has diverted funds to the tune of Rs 303.18 crore as received from various home buyers to their other group companies.
Agarwal was called for questioning on Wednesday at the CBI headquarters during which the investigating officer suspected that he was not co-operating in the probe.
CBI had in June 2021 registered a case against Oyster Buildwell and others on a complaint from Yes Bank.
The application seeking bail disclosed medical grounds for release which were corroborated by the report from the Medical Officer In-charge of the jail dispensary, the judge noted.
Pointing out that there is some lapse in the present deposit guarantee scheme in the cooperative banks, Congress demanded that the CM provide guarantee to the whole amount deposited by people.
The action came on a complaint from the Union Bank of India (UBI), leader of 17-member lender consortium which had extended credit facilities to the tune of Rs 42,871 crore between 2010 and 2018.
Police sources said that S Navaneethakrishnan of Kadaladi had purchased a Visa Credit Card through HDFC Bank, which was in use.
The CCIW said that field inspection by the cooperative bank officials revealed that she forged documents and signatures of beneficiaries.
According to an official statement,issued to media, the attached assets consists of gold, silver ,diamond jewellery amounts deposited in bank accounts and fixed as deposits and immovable properties.
“Investigation by ED revealed that GS Oils had availed various credit facilities from SBH and UCO Bank, such as cash credit, term loans and Letters of Credit (LCs).
Sitharaman also said in the Lok Sabha that actions have been taken, including registration of FIRs, against those who have cheated small savings depositors through various fraudulent activities.
District Superintendent of Police D Uday Kumar Reddy said that the accused, P Sripath Kumar, used the money for online betting.
The information was disclosed in the Rajya Sabha in response to a zero-hour question raised by BJP MP Sushil Kumar Modi.
Sources from CBI said that more than 100 requests were made in the last few years for obtaining general consent for CBI which have still not been granted by the concerned states.
As many as 27 banks and financial entities were engaged in the consortium lending to ABGSL at the time of loan arrangement.
In a surprise development, senior NCP leader and former deputy chief minister of Maharashtra Ajit Pawar has tendered resignation as MLA.
The malware generally looks like a legitimate app, such as a banking application. When a victim tries to reach their genuine bank app, the attackers gain access to that too.
India continued to be the fastest growing big economy during 2018 with its GDP rising at above 7 per cent, after having slipped to 6.7 per cent in the previous financial year.
Noting that system has been singularly ineffective in bringing even a single high profile fraudster to book, Rajan said, frauds are different from normal non-performing assets.
Bhansali, who was an executive of Nirav Modi's Firestar International firm, is absconding since the probe started in the alleged USD 2 billion PNB fraud case.