CBI files FIR against Corporate Power Ltd in Rs 4000-crore bank fraud case

The Central Bureau of Investigation has registered an FIR against Kolkata-based Corporate Power Ltd and its directors in Rs 4000 crore bank fraud.

A case has been filed on a complaint by Union Bank of India against a private company & others including its Promoters/ Directors, unknown Public Servants & Private persons on the allegations of bank fraud of Rs 4037.87 crore (approx) to the consortium of 20 banks, officials said on Friday.