THE CENTRAL Bureau of Investigation (CBI) will soon begin its investigation into 12 high profile cases of bank fraud totalling Rs 13,048 crore as the Maharashtra government has decided to give consent to the central agency to proceed with its work. These cases include a Rs 1,987 crore bank loan default by Jet Airways Ltd and its former promoters Naresh Goyal and Anita Goyal. According to the CBI officials, the State Bank of India (SBI) filed a complaint with the agency against Jet Airways in November 2021.
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Jet Airways was sent to bankruptcy in 2019 and the company had 21,000 creditors seeking claims of around Rs 45,000 crore.
Last year, the court approved the resolution plan of Jet Airways submitted by the consortium of Kalrock Capital and Murari Lal Jalan.
Another key case that the CBI is likely to investigate is the Rs 1,353 crore alleged bank fraud by Rana Kapoor, former co-founder of Yes Bank Ltd, in the case of Anil Ambani-led Reliance Home Finance Ltd (RHFL). It is already investigating Kapoor and the promoter of Avantha Group, Gautam Thapar in connection with a Rs 1,700 crore alleged loan fraud. Kapoor is currently in jail.
Apart from this, the agency is set to probe a fresh bank fraud case of Rs 225 crore against Kapoor.
The agency is also expecting a go-ahead from the state government to investigate three separate loan fraud cases of Rs 987 crore, Rs 569 crore…
