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Friday, August 1, 2025
TopicABG Shipyard

Topic: ABG Shipyard

CBI arrests founder of ABG Shipyard for bank fraud of Rs 22,842 crore, biggest in country

A forensic audit revealed several accused colluded together and committed illegal activities, including diversion of funds, misappropriation and criminal breach of trust between 2012 and 2017.

Easy trick to make scams disappear, and a golden tribute for Bappi Lahiri

The best cartoons of the day, chosen by the editors at ThePrint.

CBI unable to file over 100 high-value bank fraud cases since 8 states withdrew probe consent

The eight states that haven’t given consent for the CBI to probe cases on their turf are Maharashtra, Punjab, Rajasthan, West Bengal, Jharkhand, Chhattisgarh, Kerala, and Mizoram.

CBI issues look out notices against former CMD of ABG Shipyard Rishi Agarwal, 8 others

CBI has booked ABG Shipyard and its then chairman and managing director Rishi Kamlesh Agarwal along with others for allegedly cheating a consortium of banks of over Rs 22,842 crore.

Trudeau lectured India on rights, is now using emergency powers to crush anti-vaccine protesters

ThePrint view on the most important issues, instantly.

5 years, 28 banks, Rs 23,000 cr debt — how ABG Shipyard pulled off ‘India’s biggest bank fraud’

Case has raised questions like how fraud went undetected for so long, how it came to light, how money was diverted, and what led to delay in CBI registering FIR. ThePrint answers.

CBI books ABG Shipyard, directors for allegedly duping 28 banks of Rs 22,842 crore

The accused allegedly colluded and committed activities by way of diversion of funds for the purpose other than for which the funds were released by the bank, a CBI officer said.

On Camera

Trump tariff forces India to shed illusion. Stop conflating status with power

India’s future lies in pragmatism. Protectionism must be phased out gradually, not in disruptive shocks.

BJP MPs go full throttle against Trump even as govt hails enduring India-US ties amid tariff tension

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India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.