New Delhi, April 15 -- The Central Bureau of Investigation (CBI) has registered 22 fresh cases in its ongoing probe into a suspected "unholy nexus" between builders and financial institutions in sanctioning large sums under subvention schemes without due diligence, and conducted raids at 77 locations in eight states on Tuesday, the agency's spokesperson said. The agency has, so far, registered a total of 50 cases in the matter. Last year, 28 cases were filed against various real estate companies and financial institutions.P9
Published by HT Digital Content Services with permission from Hindustan Times....