THE CBI has registered a case over an alleged USD 10 million fraud in India Exim Bank involving a UK-based company, its erstwhile directors and associates, officials said on Wednesday. The agency filed the FIR acting on a complaint by G Selva Kumar, assistant general manager at India Exim Bank, alleging that it was cheated and suffered a wrongful loss of USD 10 million (around Rs 63 crore), the outstanding amount as of September 29, 2014, when the loan account was classified as a non-performing asset (NPA).

 

The FIR named Hanjer Biotech (Erith) Ltd, a UKbased company that has since been dissolved, its erstwhile directors and guarantors, Navi Infrastructure Engineering Pvt Ltd (NIEPL), Hume Synthesis Pvt Ltd, and unknown public servants among the accused.