CBI lodges case against SBI officials, others in Rs 4.12-crore bank fraud in Bengal
Kolkata: The CBI on Friday charged five directors of a West Bengal-based private company and eight State Bank of India (SBI) officials of criminal conspiracy in a case of bank fraud involving Rs 4.12 crore here.
The Central Bureau of Investigation (CBI) officials also conducted searches at 12 places in West Bengal and Sikkim and claimed to have seized several important documents related to the case.
"CBI has lodged a case of criminal conspiracy (IPC 120b) against five directors of Burdwan district based Kalimata Krishpanya Bipanan Pvt Ltd and eight SBI officials including a Chief Manager and a Deputy Manager for not repaying bank loan taken from SBI and inflicting a total loss of Rs 4.12 crore," a CBI release said.
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Indigo crisis: Shivakumar urges Centre to act immediately, bring situation under control
Bengaluru (PTI): With large scale flight cancellations by Indigo airlines leaving passengers stranded, Karnataka Deputy Chief Minister D K Shivakumar on Saturday urged the Centre to act immediately and bring the situation under control.
He called the IndiGo fiasco a the direct result of the govt's monopoly model.
Taking to social media platform 'X', Shivakumar said India is witnessing the worst aviation meltdown in its history. "Thousands of flights cancelled - leaving our people stranded everywhere".
"The IndiGo fiasco is the direct result of the govt's monopoly model. And as always, it is ordinary Indians who are paying the price," he said.
Shivakumar said that the Kempegowda International Airport in Bengaluru, which is India's 3rd busiest airport with nearly 40 million travellers a year, is in complete chaos.
"This is hurting families, businesses and our national reputation. I urge the Union Government to act immediately and bring this situation under control. Our people deserve better," he added.
Domestic carrier IndiGo cancelled over 800 flights on Saturday, the fifth day of the ongoing crisis, even as the government imposed a cap on airfares and directed the airline to process all refunds by Sunday evening.
