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CBI Files Chargesheet Against Jagan Reddy's Party MP, 15 Others In Loan Fraud Case
CBI has filed a charge sheet against YSR Congress MP Raghu Ramkrishna Raju and 15 other individuals and companies in connection with alleged loan fraud case of Rs 947 crore with Power Finance Corporation Limited (PFC), other lenders, officials said.
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REC, PFC Flouted RBI Rules To Sanction Loans: CAG
"REC and PFC did not conduct appropriate due diligence during credit appraisal and in the process assumed higher risks on the loan accounts,- said CAG.
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CBI Files Chargesheet Against Jagan Reddy's Party MP, 15 Others In Loan Fraud Case
CBI has filed a charge sheet against YSR Congress MP Raghu Ramkrishna Raju and 15 other individuals and companies in connection with alleged loan fraud case of Rs 947 crore with Power Finance Corporation Limited (PFC), other lenders, officials said.
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REC, PFC Flouted RBI Rules To Sanction Loans: CAG
"REC and PFC did not conduct appropriate due diligence during credit appraisal and in the process assumed higher risks on the loan accounts,- said CAG.
