SBI's complaint alleged loss of over Rs 4,736 crore to consortium of banks New Delhi: On a complaint filed by the State Bank of India (SBI), the Central Bureau of Investigation (CBI) has filed a case against Hyderabad-based M/S Coastal Projects Limited for allegedly causing a loss of over Rs. 4736 crores to a consortium of banks. CBI conducted searches in Hyderabad and Vijayawada, at the premises of M/S Coastal Projects, it's Chairman and Managing Director Sabbineni Surendra and other directors. Several incriminating documents have been recovered as part of an ongoing probe which also accuses many public servants. Apart from M/S Coastal Projects Limited and its CMD, CBI has also named the following as accused: Managing Director & Guarantor Garapati Harihara Rao; Whole Time Directors Sridhar Chandrasekharan Nivarthi and Sharad Kumar; Guarantors & Mortgagors K Ramulu and K. Anjamma; and Managing Directors of Ravi Kailas Builders, namely Ramesh Pasupuleti and Govind Kumar Inani.