New Delhi, March 17 -- The Central Bureau of Investigation (CBI) today said that it has arrested an absconding accused, M. Naga Kumar alias Tamil Selvan, who had been on the run in a bank fraud case involving Rs 4.66 crore.
He was arrested from Chennai.
According to the CBI, the accused had been absconding since the investigation stage. The agency had registered the case in 2015 based on a complaint received from Indian Bank, Chennai North Zone, against K. Rajendran, proprietor of Sri Sai Baba Real Estates and Constructions, along with Sarathy and Balu (Chartered Accountants), unknown public servants, and others.
The complaint alleged that the accused cheated Indian Bank to the tune of Rs 4.66 crore by submitting forged documents to avai...