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.

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 Central Bureau of Investigation (AFP file photo)

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.