Loan fraud case: CBI books, raids Totem Infrastructure Limited

[TampaChinnodu]

Infra firm has ‘duped’ banks of Rs 1,394 crore.

 Totem Infrastructure Limited logo

HYDERABAD: The Central Bureau of Investigation carried out searches at several places in the city after registering a case against Hyderabad- based company M/s Totem Infrastructure Limited for duping a consortium of eight banks including Union Bank of India (UBI) to the tune of Rs 1,394 crore.  The UBI named the promoters or directors, Tottempudi Salaith and Tottempudi Kavita, in the complaint made to the CBI.

The Union Bank of India had filed a complaint with the Central Bureau of Investigation alleging that the company, its directors and promoters, had duped the bank along with  a few other banks to  the tune of Rs 313.84 crore.  The Union Bank of India is part of a consortium of eight banks. The company, according to the compliant, has a total outstanding of Rs 1394.43 and the account became a Non Performing Asset in June 2012. 

 

 

The Union Bank of India further alleged that the company had diverted funds by opening accounts outside the consortium, misrepresented their accounts to the banks, and diverted the funds through wages, excess expenditure and stocks. Teams of the Central Bureau of Investigation had carried out searches at various places including the houses and offices of the promoters and developers of the company.

Totem Infra was engaged in road projects, water works and infrastructure. It took sub contracts from several big companies of international repute too. Earlier there were reports that the promoters and directors of the company had left the country before the CBI sleuths could question them. However, sources said that the searches were conducted in various places in the presence of the respondents in the case.

[Idassamed]

Nice

[TampaChinnodu]

3 minutes ago, Idassamed said:

Nice

roju ki oka 1000 crores bank scam. ee lekkana banks will bankrupt soon. 

[sattipandu]

heyyyy mana telugu tejaalu ayina hero's have this surname 

[TampaChinnodu]

ee website soosi ina doubt raaleda bank vallaki 

http://www.totemint.com/index.htm

[Idassamed]

31 minutes ago, TampaChinnodu said:

roju ki oka 1000 crores bank scam. ee lekkana banks will bankrupt soon. 

No doubt.

Inka enni scams unnayo, a puttalo enni pamulu unnayo Mari.

[TampaChinnodu]

హైదరాబాద్‌లో భారీ బ్యాంకు కుంభకోణం 

హైదరాబాద్‌: దేశంలో సంచలనం రేపుతోన్న వరుస బ్యాంకు కుంభకోణాలు హైదరాబాద్‌కూ చేరాయి. హైదరాబాద్‌కు చెందిన టొటెం ఇన్‌ఫ్రాస్ట్రక్చర్‌ లిమిటెడ్‌ అనే నిర్మాణ సంస్థ బ్యాంకులకు సుమారు రూ.1394 కోట్ల మేర కుచ్చుటోపీ పెట్టింది. వివరాల్లోకి వెళ్తే.. తొట్టెంపూడి సలలిత్‌ ఛైర్మన్‌ అండ్‌ ఎండీగా వ్యవహరిస్తున్న టొటెం ఇన్ఫ్రా సంస్థ 1997లో హరియాణాలోని గుడ్‌గావ్‌లో ఏర్పాటైంది. ఈ సంస్థ యూనియన్‌ బ్యాంక్‌ ఆఫ్‌ ఇండియా లీడ్‌ బ్యాంక్‌గా ఉన్న ఎనిమిది బ్యాంకుల కన్సార్టియం నుంచి రుణాలు తీసుకుంది. ఆ తర్వాత ఇతర బ్యాంకుల్లో ఖాతాలు తెరిచి రుణాల ద్వారా పొందిన సొమ్మును మళ్లించారు. వేతనాలు, ఇతర ఖర్చులను భారీగా లెక్కలు చూపుతూ సొమ్ము మళ్లించారు. ఆ తర్వాత రుణాలు చెల్లించకుండా చేతులెత్తేశారు. టొటెం రుణాలను 2012 జూన్‌ 30న మొండి బకాయిలుగా బ్యాంకుల కన్సార్టియం ప్రకటించింది. లావాదేవీలన్నీ కన్సార్టియంలో ఉన్న బ్యాంకుల్లో కాకుండా ఇతర బ్యాంకుల ద్వారా నిర్వహించినట్టు గుర్తించారు. తాజాగా యూబీఐ ఇచ్చిన ఫిర్యాదుతో సీబీఐ రంగంలోకి దిగింది. తమను రూ.313 కోట్ల మేర మోసం చేశారని యూబీఐ అధికారులు ఇచ్చిన ఫిర్యాదుతో సీబీఐ కేసు నమోదు చేసింది. హైదరాబాద్‌లోని టొటెం సంస్థ కార్యాలయంతో పాటు డైరెక్టర్లు సలలిత్‌, లలిత ఇళ్లల్లో సోదాలు నిర్వహించి కీలక పత్రాలను స్వాధీనం చేసుకున్నారు.

[TampaChinnodu]

Quote

2012 జూన్‌ 30న మొండి బకాయిలుగా బ్యాంకుల కన్సార్టియం ప్రకటించింది. 

Is the bank employees sleeping from 2012 and just woke up ?

evariki andalsina commissions vallaki andi vuntayee inni rojulu.

Also other common pattern. majority of the scams only happening in state owned banks. reason , employees dont fear any punishments or cases.

[Android_Halwa]

1 minute ago, sattipandu said:

heyyyy mana telugu tejaalu ayina hero's have this surname 

vallade ie construction company kuda.....okappudu tottempudi constructions ani vunde...tarvata peru marchi tottem ani petukunaru

[sattipandu]

1 minute ago, Android_Halwa said:

vallade ie construction company kuda.....okappudu tottempudi constructions ani vunde...tarvata peru marchi tottem ani petukunaru

hehe nizampet area la masth chinna chinna aprtments kattindru vellu 

[Android_Halwa]

1 minute ago, sattipandu said:

hehe nizampet area la masth chinna chinna aprtments kattindru vellu 

okappudu narayanguda flyover kuda velle katinaru....madhucon constructions ani....nama nageshwar rao company ie tottem ollathtoi kalsi katinaru....gachibowli la ivrcl towers sub-contract kuda tottem batch ae...

[Demigod]

holidays ki veelu em country ki vellaru Mauritius or UK? vallu vellakane kada banks nidra lechedi... 

[boeing747]

Dexxma nenu kuda oka company edithe potundi..boeing constructions ani...oka 100cr chalu naku, teeskuni 10gesta

[bollipappu]

3 hours ago, TampaChinnodu said:

Infra firm has ‘duped’ banks of Rs 1,394 crore.

 Totem Infrastructure Limited logo

HYDERABAD: The Central Bureau of Investigation carried out searches at several places in the city after registering a case against Hyderabad- based company M/s Totem Infrastructure Limited for duping a consortium of eight banks including Union Bank of India (UBI) to the tune of Rs 1,394 crore.  The UBI named the promoters or directors, Tottempudi Salaith and Tottempudi Kavita, in the complaint made to the CBI.

The Union Bank of India had filed a complaint with the Central Bureau of Investigation alleging that the company, its directors and promoters, had duped the bank along with  a few other banks to  the tune of Rs 313.84 crore.  The Union Bank of India is part of a consortium of eight banks. The company, according to the compliant, has a total outstanding of Rs 1394.43 and the account became a Non Performing Asset in June 2012. 

 

 

The Union Bank of India further alleged that the company had diverted funds by opening accounts outside the consortium, misrepresented their accounts to the banks, and diverted the funds through wages, excess expenditure and stocks. Teams of the Central Bureau of Investigation had carried out searches at various places including the houses and offices of the promoters and developers of the company.

Totem Infra was engaged in road projects, water works and infrastructure. It took sub contracts from several big companies of international repute too. Earlier there were reports that the promoters and directors of the company had left the country before the CBI sleuths could question them. However, sources said that the searches were conducted in various places in the presence of the respondents in the case.

ee Kothem gaadu mana Navyaandhra batch laaga unnade ?

[TampaChinnodu]

1 hour ago, boeing747 said:

Dexxma nenu kuda oka company edithe potundi..boeing constructions ani...oka 100cr chalu naku, teeskuni 10gesta

bank manager tho deal set sesukunte life set.