CBI arrests Hyderabad firm's directors over â¹1,400 cr fraud
The CBI on Friday arrested the Directors of Hyderabad-based Totem Infrastructure, Tottempudi Salalith and Tottempudi Kavita, for allegedly cheating a consortium of eight banks out of â¹1,400 crore. This comes after CBI registered a case on the basis of a complaint from Union Bank, which had given a loan of â¹313 crore. The loan was declared non-performing in June 2012.