New Delhi, 12 June 2021                                                                          

According to sources, searches were conducted at six locations in Hyderabad. As per news report of NDTV, in March 2019, the Central Bureau of Investigation (CBI) had registered a case against Ranchi Expressway Limited, Madhucon Group of Companies and officials of Consortium of Banks led by Canara Bank for alleged irregularities in the Ranchi-Jamshedpur (NH-33) project. Earlier, the High Court, taking suo motu cognisance, had ordered Serious Fraud Investigation Office (SFIO) to conduct a probe into the delay of completion of the said project which commenced in December 2012.

Source -NDTV

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