Monday, Dec 5 2022 | Time 03:24 Hrs(IST)
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States » South


Hyderabad-based company Director held in bank loan fraud case

Hyderabad, Jan 31 (UNI) The city police has arrested Hyderabad-based company Director Narayana Peesapathy in bank loan fraud case of Rs 2 crores.
Based on a complaint received from Zonal Manager, Bank of Maharastra, Hyderabad Zone, a case was registered against Narayana in bank loan fraud case, Deputy Commissioner of Police (Detective Department) Avinash Mohanty said in a statement here on Thursday.
The accused Narayana has incorporated a company in the name and styled as Bakey’s Food Pvt., Ltd at IDA Cherlpally, Hyderabad, wherein the accused and Anu Kahsyap Durr, and Ramadevi Rayapudi were the Directors of the company.
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