New Delhi, Dec 31 (UNI) The Central Bureau of Investigation (CBI) on Friday filed a charge sheet against 16 people, including a private company, its directors, sister companies, managing director and Chartered Accountants in the CBI court in Delhi.
The CBI said it had registered a case on April 29, 2019, on the orders of the centre government and took over the investigation against the accused, including a private company based at Hyderabad and others.
Investigation revealed that the borrower company through its chairman, managing director had allegedly availed Rs 947.71 crores from a consortium of lenders led by Power Finance Corporation Limited (PFC), and two other lenders, Rural Electrification Corporation Limited (REC) and India Infrastructure Finance Company Limited (IIFCL), for setting up a thermal power plant at Tuticorin, Tamil Nadu, said CBI.