Kalanikethan MD Leela kumar Arrested
One of the Leading Textile companies all around the state established in 1976 much loved brand and a pioneer in the garments in fashion industry. Most of the people attracted towards this fashion mall. Here comes the most disturbed news about Kalanikethan it might big loss to them.
Kalanikethan MD Leela kumar Arrested
Textile major Kalaniketan Managing Director Leela Kumar and his wife, Sarada Kumari have been arrested by CCS police for taking loans worth over hundred of crores scam and not returning them. They owed crores money to Private financiers and 200 crores money from Gujarath Business persons.
A complaint had been lodged against them by one A.V.S Reddy, from whom the couple took Rs. 3 crore and did not return it. They had submitted fake documents to the banks. Police are investing the case and take them in custody. Directors of Kalnikethan yet te be response on this issue.
Pic Sources : Hybiz TV