Mahuaa channel directors held for forgery

24 Jul,2012

By A Correspondent

 

Two directors of popular Bhojpuri TV network Mahuaa were arrested for forgery to secure loans of nearly Rs.100 crore, a CBI official said Monday. A Delhi court sent them to judicial custody till August 4.

 

Central Bureau of Investigation (CBI) Special Judge Swarana Kanta Sharma sent Mahuaa channel directors P.K. Tewari and Anand Tewari to jail after they were presented before her on the expiry of the period of their custodial interrogation.

 

The duo were arrested by the probe agency on July 18 for their alleged involvement in presenting fake invoices and chartered accountant certificates to secure Rs 34 crore loan each from three banks. The two allegedly cheated three banks – Bank of Baroda, Punjab National Bank and Union Bank of India. The banks lodged a complaint against the accused in January.

 

According to the CBI, the directors procured loans from the three banks for the expansion of their channel.

 

Source: Indo-Asian News Service

 

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