TNPSC Thervupettagam

India’s biggest bank fraud

February 17 , 2022 884 days 516 0
  • The Central Bureau of Investigation (CBI) has booked ABG Shipyard for an alleged Rs 22,842-crore financial fraud.
  • ABG Shipyard is the flagship entity of ABG Group.
  • It has cheated a consortium of 28 banks and financial institutions of Rs. 22,842 crore.
  • This is the biggest bank fraud case ever registered by the CBI.

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