CBI questions ex-ABG Shipyard CMD in India's biggest bank fraud case

The Central Bureau of Investigation (CBI) recently questioned former ABG Shipyard Chairman and MD Rishi Agarwal in connection with its probe into the country's largest bank fraud case. CBI has also issued lookout circulars against Directors of the company to ensure they do not leave the country. ABG Shipyard allegedly cheated a consortium of banks of ₹22,842 crore.