ABG Shipyard's ex-CMD Rishi Agarwal quizzed in loan fraud case

Tribune News Service

Updated At : 11:30 AM Feb 22, 2022 IST

Unlock Exclusive Insights with The Tribune Premium

Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits

Yearly Premium ₹999 ₹349/Year

Yearly Premium $49 $24.99/Year

New Delhi, February 21

The CBI today questioned Rishi Agarwal, former CMD of ABG Shipyard Ltd, for the second time in a case related to the alleged Rs 22,848 crore banking fraud, agency officials said.

Agarwal was questioned last week as well and is likely to be summoned again in the coming days for recording his statement on various aspects of the alleged diversion of funds as pointed out in the forensic audit conducted by the consortium of banks, which were duped.

In its FIR filed on February 7, the CBI has also named then executive director Santhanam Muthaswamy, directors Ashwini Kumar, Sushil Kumar Agarwal and Ravi Vimal Nevetia and another company ABG International Pvt Ltd for various offences under the IPC and the Prevention of Corruption Act.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Unlock Exclusive Insights with The Tribune Premium

Suggested Articles