'India's biggest ever...': What is ₹22,842 cr ABG Shipyard 'fraud' case

The Central Bureau of Investigation (CBI) has registered an FIR against ABG Shipyard Ltd and its directors, including chairman and managing director Rishi Kamlesh Agarwal, in what could be the biggest bank fraud case in the history of India. On Saturday, the firm was booked for allegedly defrauding 28 banks to the tune of ₹22,842 crore. CBI released a statement saying searches were conducted at 13 locations in the premises of all the accused. ABG Shipyard, the flagship of the ABG Group, is one of India's largest firms engaged in shipbuilding and ship repair. Congress on Sunday accused those sitting in the highest echelons of power in Modi govt of complicity, collusion & connivance. Watch the full video for more.