New Delhi, September 10 (Daily Kiran) : The Central Bureau of Investigation (CBI) has filed its 20th charge sheet in connection with a large-scale housing fraud scheme that affected homebuyers. This action targets the builder company Ajmara India Limited, its promoters and directors, as well as officials from several banks, including ICICI Bank, HDFC Bank, and PNB Housing Finance.
This latest charge sheet was submitted in the Rouse Avenue District Court in New Delhi. The case revolves around alleged fraudulent activities linked to the Ajmara Ambrosia housing project located in Sector 118, Noida, Uttar Pradesh.
According to the CBI, the builder and its associates lured homebuyers with false promises and fraudulent claims, exploiting them for illegal financial gains. The investigation has uncovered substantial evidence, leading to charges under various sections of the Indian Penal Code (IPC) and the Prevention of Corruption Act, 1988, which include criminal conspiracy, fraud, and criminal breach of trust.
In addition to this case, the CBI is investigating 34 other cases involving various builder companies and financial institutions across the country. These investigations were initiated following directives from the Supreme Court and involve allegations of fraud against homebuyers and the misappropriation of funds.
Previously, the CBI had filed charge sheets against several other companies and their officials, including Rudra Buildwell Constructions, Dream Procon, and JP Infratech, among others.
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