NEW DELHI: The CBI has submitted a chargesheet against Shubhkamna Buildtech Pvt Ltd and its directors, marking the sixth such submission in the Supreme Court-directed investigation into the builder-banker nexus case, officials reported on Friday.
In its chargesheet, the CBI accused the company and its directors of misleading innocent homebuyers into investing in its Noida project through false assurances, deceptive representations, and misleading promises, thereby wrongfully profiting at the expense of the victims.
“The chargesheet has been filed before the competent Court under relevant provisions of the Indian Penal Code related to criminal conspiracy, cheating, criminal breach of trust, and abetment,” stated a CBI spokesperson.
The agency is currently investigating 50 cases prompted by the Supreme Court against various builder companies and unidentified officials of financial institutions nationwide regarding alleged cheating and misappropriation of homebuyer funds.
