CBI summons TDP leader Y.S. Chowdary in bank fraud case

New Delhi, April 25 (IANS) The CBI has issued summons to former Union Minister and Telugu Desam Party (TDP) leader Y.S. Chowdary for questioning in connection with a multi-crore bank fraud case, officials said on Thursday.The agency has asked him to appear before the investigators at its Bengaluru office on Friday as part of its probe into the case of electrical equipment manufacturer Best and Crompton Engineering Projects Ltd allegedly cheating the Andhra Bank of Rs 71 crorein 2017.The Central Bureau of Investigation (CBI) on February 3, 2017 had registered a case against the Chennai-based company, its five directors, including Managing Director Kakulamarri Srinivas Kalyan Rao, and a chief financial officer under charges of criminal conspiracy, cheating and forgery.
--IANS rak/vd