Supreme Court Orders CBI Probe Into Builder-Bank Nexus In Delhi-NCR, Mumbai | Read
Cracking down on delays in the construction and handover of residences, the Supreme Court has ordered a CBI probe into an "unholy nexus" between builders and banks in projects in Delhi, the National Capital Region (NCR), Mumbai, Chandigarh, Mohali and Kolkata.
During a hearing on Tuesday, a bench of Justices Surya Kant and N Kotiswar Singh, directed the CBI to register seven preliminary enquiries (PE) and set up a special investigation team (SIT). The directors general of police (DGPs), who are the top-ranking police officers, of Uttar Pradesh and Haryana have also been asked to provide police officers to the CBI to aid in the investigation.
