Lucknow: Real estate giant Ansal API, entrusted with around 90 projects in Uttar Pradesh, now finds itself under the scanner for alleged fraud, criminal breach of trust and diversion of funds.  The latest blow came last week when a Lucknow court issued a non-bailable warrant (NBW) against the firm’s top management, including chairman Sushil Ansal and his son Pranav Ansal. “Two Read More

Gautam Gambhir as the brand ambassador is accused of luring people to invest in the fraudulent project. New Delhi:  A Delhi court on Wednesday issued bailable warrants against retired cricketer Gautam Gambhir for not appearing before it despite repeated summons in a case related to alleged cheating of flat buyers in a real estate project. In a complaint, 17 flat Read More

TSB chief executive Paul Pester. Photograph: Nick Ansell/PA Question: Who controlled the timing of migration of IT systems {TSB or parent company?] Bailey says that will be a major part of the investigation. It was utilising [parent company] Sabadell’s platform but the responsibility rests with TSB managment… But this can’t descend into finger pointing. On the question of accountability, Bailey says in Read More