A forensic audit was conducted. Every piece of evidence was collected and given to the CBI which aided in revealing how ABG Shipyard managed to pull off India's biggest fraud spanning 5 years with 28 banks involved and a net Rs 23,000 crore in debt.
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India's Biggest Fraud
The "biggest bank fraud" in India is being blamed on a faltering shipbuilding company.
ABG Shipyard Ltd (ABG SL), a Gujarat-based company, is accused of defrauding banks of Rs 22,842 crore between 2012 and...
