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Rs 525-crore bank fraud case against Cox and Kings

The CBI has registered a case of an alleged Rs 525-crore bank loan fraud against the promoters and directors of travel company Cox and Kings on the complaint of Yes Bank, officials said on Thursday. The CBI has taken over...

PTI

New Delhi, Updated At : 09:34 AM Sep 27, 2024 IST

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The CBI has registered a case of an alleged Rs 525-crore bank loan fraud against the promoters and directors of travel company Cox and Kings on the complaint of Yes Bank, officials said on Thursday.

The CBI has taken over the investigation from Mumbai Police, which was probing the matter against the travel company, its promoters/directors Ajay Ajit Peter Kerkar and Usha Kerkar, CFO Anil Khandelwal and directors Mahalinga Narayanan and Pesi Patel.

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