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Sambandh Finserve defaults after loan fraud; CFO blames CEO

Updated : October 16, 2020 11:40 AM IST

CFO of Sambandh Finserv disclosed that the lender had found internal frauds involving bogus loan entries made in its book.
This resulted in the company facing liquidity issues in the first week of October, leading to a default.
Sambandh Finserve defaults after loan fraud; CFO blames CEO

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