CBI files chargesheet against Hyd firm over bank fraud case
The CBI has filed a chargesheet against Hyderabad-based Totem Infrastructure and its directors for allegedly defaulting on â¹313.84-crore loan from Union Bank, which was part of the â¹1,394-crore loan given by a consortium of eight banks. CBI said a probe found that the company and its directors allegedly availed loan facilities between 2005 and 2012 by manipulating its financial statements.