How did govt agencies crack Vadodara firm's â¹2,650 cr fraud?
After receiving a letter on the â¹2,654-crore fraud by Diamond Power Infrastructure, the PMO directed the Finance Ministry, CBI, and ED to ascertain facts. The Finance Ministry directed banks to submit full details and Bank of India filed a complaint to CBI within a week of PMO receiving the letter. The agency then raided the company and booked its directors.