City
Epaper

Akali Dal leader held for defrauding cane growers of Rs 40 crore

By IANS | Updated: September 30, 2023 19:00 IST

Chandigarh, Sep 30 The Punjab Vigilance Bureau on Saturday arrested Akali Dal leader Jarnail Singh Wahid, his wife ...

Open in App

Chandigarh, Sep 30 The Punjab Vigilance Bureau on Saturday arrested Akali Dal leader Jarnail Singh Wahid, his wife and son from his residence near Phagwara for defrauding 600 cane growers of Rs 40 crore.

Wahid, one of the former partners of the Golden Sandhar Sugar Mill and former Chairman of Markfed, has failed to settle outstanding payments to cane farmers for the past four years, accumulating a staggering debt of Rs 40 crore.

A spokesperson for the Vigilance Bureau said despite repeated demands from cane growers, Golden Sandhar Sugar Mill, under its previous management by Wahid Sandhar Sugar Mills, has continued to neglect its financial obligations.

Moreover, another development is that farmers are now receiving legal notices from IDBI Bank Phagwara, urging them to repay Kisan Credit Card loans of Rs 3 lakh each to the bank.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentKriti Sanon helps Stebin Bin apply ‘sindoor’ to Nupur Sanon during their traditional Indian wedding ceremony

NationalInternational Kite Festival: Kites themed on PM Modi and Op Sindoor a big hit

AurangabadJijau Jayanti marked with vehicle rally in the presence of Manoj Jarange

BusinessJioBlackRock Investment Advisers launches official website and early access campaign

NationalRift buzz in Bihar Congress as all six MLAs skip party's 'Dahi Chura' event

National Realted Stories

NationalGoa: ECI says missing details in SIR form filled by Admiral Arun Prakash triggered notice

NationalHC urges Kerala to enact law to protect temple assets

NationalKNV producers move SC after Madras HC halts Vijay's 'Jana Nayagan' release

NationalPunjab CM opens conclave with gathering of 100 startups

NationalIndia, Germany ink slew of pacts to boost ties in trade, technology, renewable energy