A new corporate governance allegation claims that money siphoned from Amtek group loans was used to buy multiple properties in Delhi NCR. Prosecutors say these homes and flats, valued at over INR 30 crore, were then allegedly transferred to former managing director RM Malla and his family for little or no consideration, raising questions about IDBI’s role.
Swipe through stories, personalise your feed, and save articles for later — all on the app.