Further tightening the noose around the Narasapuram MP Raghu Rama Krishna Raju, CBI on Friday registered yet another case for allegedly defrauding the bank of Rs 237 crore after securing loans with forged documents.
The recent case was reportedly booked following a complaint lodged by the SBI deputy general manager of the Stressed Assets Management Branch in Chennai.
To recall, Raju and other directors of Hyderabad-based Ind Barath Power Ltd were accused of defrauding the bank of Rs 237 crore after securing loans with forged documents.