Rs 3,300-cr SBI loan fraud: SC stays Bombay HC order permitting private firm chairperson to travel to UAE
The Supreme Court has stayed a Bombay HC order permitting Suman Vijay Gupta, chairperson of Ushdev International Limited, to travel to the UAE after taking note of a case in which she is accused of defrauding SBI of Rs 3,300 cr. "She is the chairperson of a company which took a loan of Rs 3,300 cr. The CBI is investigating (the case). After the loan was declared an NPA, she renounced the citizenship of India and got the citizenship of Dominica," a top law officer said.
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