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New bank fraud of 4000 cr by a mumbai firm

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(G.N.S) Dt. 19 Mumbai 3 directors of a private firm named Parekh Alluminex Ltd (PAL) areested for Bank fraud of Rs. 4000 cr. Bhawarlal Bhandari, Premal Goragandhi and Kamlesh Kanungo were arrested by the economic offences wing on Friday for cheating and criminal conspiracy. The arrests were made after a

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