Indian Overseas Bank Archives

CBI registers FIR on Madras HC’s orders into Rs.450 cr demonetisation-era sugar mill purchase allegedly linked to Sasikala, citing fraud, benami property, and diversion of bank funds

Sasikala paid Rs.450 crore in old notes to buy a sugar...

Team PGurus - September 6, 2025 1

CBI connects Sasikala to a Rs.450 cr all-cash deal in sugar factory purchase V K Sasikala, a close aide of former Tamil Nadu Chief Minister...

CBI argues that without IOB’s sanction, it cannot prosecute bank officials accused of colluding with Chidambaram’s relatives in an illegal hotel auction

Law and Order

Indian Overseas Bank not granting sanction against officials, says CBI in...

Team PGurus - August 31, 2025 2

IOB’s refusal halts CBI action in Chidambaram family hotel grabbing case The Central Bureau of Investigation (CBI) has informed the Delhi High Court that the...

The complaint was filed by Indian Overseas Bank against Truedom EPC Limited. Notably, Minister Nehru’s brother, N Ravichandran, is a director in the firm

Banking

ED raids Tamil Nadu Minister K N Nehru’s premises in bank...

PGurus Newsdesk - April 7, 2025 1

Raids linked to Rs.22 cr bank fraud case involving Truedom EPC Limited The Enforcement Directorate (ED) conducted searches at multiple locations associated with Tamil Nadu’s...

Businessman Kathirvel’s advocate blamed the CBI for not registering a regular case even after informing the entire illegalities by Chidambaram family and IOB officials to the High Court four years ago

Law and Order

Delhi High Court orders CBI to take steps in Chidambaram family’s...

Team PGurus - March 15, 2024 0

CBI asked to take necessary steps in the hotel-grabbing case Delhi High Court ordered to Central Bureau of Investigation (CBI) to take necessary steps in...

CBI registered the case on September 30, 2023, on the basis of a complaint lodged by the Indian Overseas Bank in May

Banking

CBI registers case against Nimbus Communications, its 3 directors in bank...

PGurus Newsdesk - October 24, 2023 0

CBI names Nimbus Communication, directors for defrauding the Indian Overseas Bank amounting to Rs.76.34 cr The Central Bureau of Investigation (CBI) has registered a case...

IOB's refusal will ultimately lead to the closure of the case and give Chidambaram's family a way to escape

Law and Order

CBI says Indian Overseas Bank shields officials in connection with Chidambaram...

Team PGurus - May 10, 2023 1

Why IOB not granting sanctions for prosecution against officials involved in the case? The Central Bureau of Investigation (CBI) informed Delhi High Court that Indian...

What is it? Unbridled greed to grab people’s property? Why is CBI slow-walking this one?

Law and Order

Delhi High Court asks CBI to file probe status report on...

Team PGurus - January 17, 2023 5

Delhi HC gives CBI four weeks to file status report Delhi High Court on Tuesday directed CBI to file a status report on its probe...

Fraud

CBI books Rotomac Global in Rs.750 crore bank fraud case

PGurus Newsdesk - November 16, 2022 1

Rotomac Global has a total outstanding of Rs.2,919 cr against consortium of 7 banks The Central Bureau of Investigation (CBI) has booked Kanpur-based Rotomac Global...

Prashant Bhushan petitioned to various govt. agencies for registering a case against debt-ridden Anil Ambani

Business

Prashant Bhushan petitions to various agencies for registering case against Anil...

Team PGurus - January 28, 2021 6

Prashant Bhushan filed a petition to CBI, CVC, RBI, MEA and MoF Citing various public sector banks notices for huge debts, noted lawyer Prashant Bhushan...

CBI confirms before Delhi High Court that it is ready to file charges in the case of Comfort Inn Hotel grab

Corruption

CBI informs Delhi High Court on registering a regular case against...

Team PGurus - September 17, 2020 10

The Central Bureau of Investigation (CBI) on Wednesday told the Delhi High Court in its Final Report that former Finance Minister P Chidambaram’s family...