Former Chairman and Managing Director (CMD) Rishi Aggarwal on Monday reached Central Bureau of Investigation (CBI) headquarter to join investigation with voluminous documents in Rs 22,842 crore bank loan fraud, allegedly committed by ABG Shipyard Lim
The ED case has been filed under various sections of the Prevention of Money Laundering Act (PMLA) after the investigators studied the CBI complaint and the forensic audit report.
The CBI has already conducted searches at 13 locations of the accused including office and other premises of the company and its directors at Surat, Bharuch, Mumbai and Pune among others.