Truth vs Hype : The Hidden Face of Bank Fraud
Vijay Mallya may have become the face of bank fraud in India but there are dozens of other Mallyas, accused of siphoning off crores of rupees, but you would not have heard of them. NDTV investigates the little known Zoom Developers, a real estate company probed for defaulting on a Rs 3,000 crore debt. The CBI and the Enforcement Directorate have found that the money has been siphoned off abroad using a web of companies. Shockingly, the files of this company went missing from the CBI, forcing it to order an internal probe. The agency is yet to find who is to blame.
