Arrest warrants issued for three in a $157 million bank fraud case involving Amira Pure Foods in India.

A Delhi court has issued arrest warrants for Karan A. Chanana, Anita Daing, and Rajesh Arora in a Rs. 1200 crore bank fraud case involving Amira Pure Foods Private Limited. The Enforcement Directorate (ED) claims the trio evaded investigations and siphoned funds, leading to a loss of approximately Rs. 1201.85 crores to banks, primarily Canara Bank. The warrants are to be executed by February 3, 2025.

November 23, 2024
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