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CBI books former Crompton Greaves chairman, others in Rs 2,435 cr Yes Bank fraud case

Former Crompton Greaves chairman Gautam Thapar was recently booked in another fraud case in Yes Bank, officials said.

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New Delhi: The CBI on Thursday carried out searches at six locations after registering a fresh case of fraud of Rs 2,435 crore in Yes Bank and other consortium banks against former Crompton Greaves chairman Gautam Thapar who is already under probe in more such cases, officials said.

The searches took place at six locations in Mumbai, Delhi and Gurgaon.

This is a new case against Thapar, who was booked recently in Rs 466 crore fraud case in Yes Bank, the officials said.

Along with Thapar, several other executives of the company have been booked in the case.


Also read: Yes Bank is a zombie, not a model for bailing out more troubled banks


 

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