UCO bank loan fraud: CBI to question ex-CMD Arun Kaul
A Central Bureau of Investigation (CBI) official, privy to the investigation, told IANS: "We will summon Kaul for questioning in a day or two." Earlier, the agency filed a case against Kaul, Era Engineering Infra India Ltd ( EEIL ), its CMD Hem Singh Bharana , two chartered accountants -- Pankaj Jain and Vandna Sharda -- and Pawan Bansal of Altius Finserve Pvt Ltd among others in connection with the alleged Rs 621 crore loan fraud which has caused a loss of over Rs 737 crore to the bank
After filing the case, the CBI on Saturday carried out searches at over 10 places in Delhi and Mumbai including at Arun Kaul`s residence, the premises of the CAs and the two firms. Image source: Reuters