Pressmediaofindia
Related Articles
Hyderabad; July 13 ( PMI ): Officers of CCS, Hyderabad police, on Monday brought Deepak Kindo, CEO of Sambandh Finservice, from Odisha, on prisoner transit warrant for cheating the complainant of Rs. 5 crores. According to the police, the accused cheated the Chief Financial Officer of Nabsamruddhi Finance Ltd, a subsidiary unit of NABARD, here. He availed credit facilities of Rs 5 crore from the firm against security of book debts and personal guarantee of CEO & MD i.e., Deepak Kindo, for onward lending to microfinance activities in Odisha and Chattisgarh, with a promise to repay in eight installments within two years of loan approval.
