CID charges Jarkiholi with 439 crore 'bank fraud'
Ramesh Jarkiholi, a BJP MLA and former minister, faces charges filed by Karnataka CID in a Bengaluru court for allegedly defrauding Karnataka Cooperative Apex Bank and associated district cooperative banks of Rs 439 crore. The chargesheet alleges violations of loan conditions related to Soubhagya Laxmi Sugars Ltd.
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