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India’s biggest bank fraud
February 17 , 2022
1060 days
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- 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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