The Hindu·2 min read·medium

HC seeks Centre’s response on plea for CBI probe into ₹700-crore scam

T
The Hindu Bureau
HC seeks Centre’s response on plea for CBI probe into ₹700-crore scam
AI Summary

The Kerala High Court has requested responses from the Centre and the CBI regarding a petition for an investigation into a ₹700-crore scam. The fraud involved a private firm that allegedly deceived investors by promising non-existent US defence contracts.

The Kerala High Court has sought the response of the Centre and the Central Bureau of Investigation (CBI), on a petition seeking a CBI probe into the ₹700-crore scam in which investors were reportedly assured of defence contracts of the US armed forces.

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