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

InternationalINS Tamal concludes port visit to Casablanca, strengthens India's naval ties with Morocco

InternationalDubai's AI Accelerator calls on tech innovators to engineer future of government services

National1,273 evacuated so far by air as massive rescue ops showcase swift disaster response in Dharali

NationalINS Tamal concludes port visit to Casablanca, strengthens India's naval ties with Morocco

Entertainment"I'll be there tomorrow": Josh Broslin says he is ready to return as Thanos in Avengers: Doomsday if Russo Brothers called

National Realted Stories

NationalArmy Chief labels Hamas a terrorist group for first time, signals shift in India’s security concerns

NationalNAMASTE Abhiyan: 5,200 ticketless travellers detected, Rs 13.5 lakh penalty collected

NationalRobert Vadra dodged questions, put onus on deceased associates in money laundering probe: ED

NationalOdisha: Accused ex-boyfriend arrested in self-immolation death case

NationalYogi govt targets filariasis-free UP by 2027, launches eradication drive