CBI books DHFL for creating over 2 lakh fake home loan accounts under PMAY

[Ryzen_renoir]

 

The Central Bureau of Investigation (CBI) has filed a case against Dewan Housing Finance Corporation (DHFL), promoters Kapil Wadhawan, Dheeraj Wadhawan and unknown public servants for allegedly creating 2.60 lakh fake home loan accounts under the Pradhan Mantri Aawas Yojana (PMAY) for a total loan worth ₹14,046 crore out of which ₹11,755.79 crore was routed to several fictitious firms known as Bandra Book Firms.

The DHFL claimed interest subsidy worth ₹1,887 crore from the Centre on the loans disbursed under the Pradhan Mantri Aawas Yojana.

A forensic audit report by Grant Thornton revealed the irregularities of DHFL, after which the agency registered a case on March 15.

DHFL, according to the CBI FIR, processed 88,651 cases under PMAY Scheme - under which loans granted to economically weaker sections, low and middle income group members of society for the purpose of buying land and construction of houses, development of dwelling units under slum development schemes, housing units are eligible for credit-linked interest subsidy.

The interest subsidy varies from 3% per annum to 6.5% per annum and the subsidy is payable upfront with a cap of ₹2,30,156 to ₹2,67,280 depending on the category in which the borrower falls. The maximum loan amount eligible under the scheme is ₹24 lakh. The subsidy amount is claimed by the financing institutions from the National Housing Bank, which is reimbursed by the Centre out of the budgetary provisions in the Union Budget.

DHFL is one of such housing finance companies which have granted loans under PMAY.

The scam hit DHFL is already being investigated by both CBI and the Enforcement Directorate (ED) in the Yes Bank scandal involving its former CEO Rana Kapoor.

The Reserve Bank of India superseded the board of DHFL in November 2019.

[Ryzen_renoir]

This is also one of the reasons Mumbai and NCR are economic powerhouses , they get access to all institutions and can siphon all the funds from rest of the country

In china the whole wadhwan family would be executed to make an example of them but in india I won't be suprised if they get a rajya sabha seat 

What a disastrous judicial system . 

 

 

[ysshakeela]

7 hours ago, Ryzen_renoir said:

This is also one of the reasons Mumbai and NCR are economic powerhouses , they get access to all institutions and can siphon all the funds from rest of the country

In china the whole wadhwan family would be executed to make an example of them but in india I won't be suprised if they get a rajya sabha seat 

What a disastrous judicial system . 

 

 

Why just to RajyaSabha seat. They become MLA/MP/StateMinisters/CentralMinisters and even CJI as well.

[CH_Desi]

villu isha ambani atta gari family kada

[dewarist]

BJP govt kinda scam aa, not possible at all. This is just a made up story.

CBI is corrupt, we need to privatize it.

[Vaampire]

1 hour ago, CH_Desi said:

villu isha ambani atta gari family kada

Valladhi parimal family anukunta. Different

[Jambhalheart]

ee scams eppudu jarigevey, congress rule kooda jarigaayi chala scams & BJP is no exception with regards to industrialists

 

[Ryzen_renoir]

1 hour ago, CH_Desi said:

villu isha ambani atta gari family kada

Different , I believe

[Ryzen_renoir]

7 minutes ago, Jambhalheart said:

ee scams eppudu jarigevey, congress rule kooda jarigaayi chala scams & BJP is no exception with regards to industrialists

 

Scams jarigayi brother but wadhwans are freely roaming around with bail . They can escape country any time .

Inka bjp ki vote vesedhi endhuku ? No wonder they have only hindu muslim  issue left 

[dewarist]

Just now, Ryzen_renoir said:

Scams jarigayi brother but wadhwans are freely roaming around with bail . They can escape country any time

And news channels is not even covering this scam

[Ryzen_renoir]

Just now, dewarist said:

And news channels is not even covering this scam

Ofcourse they don't . 

[dewarist]

7 minutes ago, Ryzen_renoir said:

Ofcourse they don't . 

giving a perception that under this govt, there are no scams at all

[Ryzen_renoir]

8 minutes ago, dewarist said:

giving a perception that under this govt, there are no scams at all

Perception ? They are full blown propoganda machinery

[dewarist]

Just now, Ryzen_renoir said:

Perception ? They are full blown propoganda machinery

It's called absolute truth. The truth that only BJP wants to tell it's citizens

[Jambhalheart]

3 hours ago, Ryzen_renoir said:

Scams jarigayi brother but wadhwans are freely roaming around with bail . They can escape country any time .

Inka bjp ki vote vesedhi endhuku ? No wonder they have only hindu muslim  issue left 

Hindu/muslim matters a lot in north india thanks to minority appeasement by congress & left parties for years, development is secondary

south lo hindu/muslim disputes levu kabbati  BJP ki votes levu but north antha vallaki BJP workout avthundhi

2019 MP seats map: clearly below pic is self explanatory