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Friday, Dec 13, 2019

Ex-Union minister and TDP MP to be quizzed by CBI

The Central Bureau of Investigation (CBI) on Thursday served summons on former Union minister and Telugu Desam Party MP YS Chowdary in connection with a ₹71 crore bank fraud case.

india Updated: Apr 25, 2019 23:10 IST
Srinivasa Rao Apparasu
Srinivasa Rao Apparasu
Hindustan Times, Hyderabad
The Central Bureau of Investigation
The Central Bureau of Investigation(AFP file photo)
         

The Central Bureau of Investigation (CBI) on Thursday served summons on former Union minister and Telugu Desam Party MP YS Chowdary in connection with a ₹71 crore bank fraud case.

The CBI asked Chowdary to appear before its Bengaluru office on Friday for questioning on the alleged default in payment of ₹71 crore to Andhra Bank by Best and Crompton Engineering Projects Limited, a Chennai-based company promoted by Chowdary.

The CBI had registered a case against the company in 2017 and named company managing director K Srinivas Kalyan Rao and four other directors as accused. They were charged with criminal conspiracy, cheating and forgery among others.