Central Bureau of Investigation arrested Ludhiana-based businessman Neeraj Saluja, director of SEL textiles in a bank fraud case on Friday. The accused was first, summoned for questioning after which he was arrested by the agency.
Reportedly, two years back in August CBI charged the company and its directors in response to a complaint submitted by the Central Bank of India. As per the information received, Saluja will be brought to Mohali today and after presenting him in the court, the remand will be taken by CBI. After the arrest of Saluja, many other high-profile businessmen and sales tax officers are also on the radar of CBI.
Saluja will appear in the Mohali Court on Saturday. As per the sources, 10 banks under one head have accused him of cheating whose amount totals 1530.99 crores. The investigation revealed that the money taken from the bank as loan was invested in other companies by Saluja but the papers shown by him reveal that machinery was purchased from the amount.
Post the arrest of Neeraj Saluja, there has been a stir in the business parlance of Ludhiana as many people have been called for questioning. A major inquiry was also conducted by the Ludhiana Sales Tax officials in this matter but due to the connivance of a senior official, the matter was suppressed.