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CBI books infra firm for ₹1,000-crore fraud in NH-33 project
short by Shruti Maria Mahendar / on 13 Mar 2019,Wednesday
The CBI has registered a case against infrastructure firm Ranchi Expressway and its promoters for allegedly defrauding a consortium of banks led by Canara Bank of ₹1,029 crore. The CBI further alleged the promoters diverted ₹264 crore on various pretexts. The firm was created as a special purpose vehicle by Madhucon Projects for the Ranchi-Jamshedpur (NH-33) project.
short by Shruti Maria Mahendar / 06:51 pm on 13 Mar
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