NEW DELHI: The CBI has on Tuesday booked the promoters of the Ranchi Expressway Ltd, including its CMD K Srinivasa Rao, for allegedly causing a loss of over Rs 1,000 crore to a consortium of banks led by Canara BankNSE -0.72 %, officials said.
The agency has registered an FIR against Ranchi Expressway Ltd CMD K Srinivasa Rao, its directors N Seethaiah, N Prithvi Teja and the company itself, besides Madhucon Project Ltd, Madhucon Infra, Madhucon Toll Highway Ltd and auditing firm named ‘Kota and company’.
The FIR has also been registered against unidentified officials of the consortium of banks.
