Money Laundering By BPSL Promoters
  • WebDesk BTVI
  • Jul 10 2019

Promoters of Bhushan Steel have used a third party to acquire land abroad in Ontario. Investigating agencies in India is suspecting that the acquisition was possible because of cash laundered from Indian banks. As many as 33 lenders have exposure to BPSL, will total outstanding at Rs 47,000 Cr.