Chairman Managing Director PEC Ltd AK Mirchandani

CBI books officials of Delhi-based PEC, Odisha-based Ma Tarini Industries for fraud 

It was alleged that the accused had entered into a conspiracy to defraud public money to the tune of Rs 56,89,52,416 on the pretext of PEC financing domestic procurement of iron ore and coal to MTIL.

published on : 2nd October 2021