Rs 34,615-cr DHFL scam: CBI books former CMD

New Delhi: The CBI has registered a fresh case against Kapil Wadhawan and Dheeraj Wadhawan of DHFL for allegedly cheating a consortium of 17 banks led by the Union Bank of India to the tune of Rs 34,615 crore, making it the biggest banking fraud probed by the agency, officials said.

The CBI is carrying out searches at 12 locations in Mumbai at the premises of accused in the case, they said. The agency booked the DHFL, Kapil Wadhawan, the then CMD, Dheeraj Wadhawan, the director and six realtor companies for allegedly being part of criminal conspiracy to cheating the consortium.