Omkar Group Chairman Kamal Gupta, MD Babu Lal Verma sent to ED custody
Thu, Jan 28, 2021 7:40 PM

Omkar Group Chairman Kamal Gupta, MD Babu Lal Verma sent to ED custody

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Omkar Group Chairman Kamal Gupta and MD Babu Lal Verma were remanded to ED custody till at least Jan 30. They were arrested a day earlier in connection with the alleged Rs 22,000 crore slum rehabilitation fraud case. Omkar group is alleged to have taken thousands of crores in loans from several banks, including exposure of Rs 450 crore from YES Bank.

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