New Delhi: Rishi Agarwal today reached the Central Bureau of Investigation (CBI) headquarters. Rishi is accused of a banking fraud of 22 thousand crores and has reached Delhi to join the investigation. Rishi Agarwal is the former chairman and MD of ABG Shipyard. Earlier too, Rishi Agarwal was questioned by the CBI for several hours.

Rishi is accused of committing fraud of Rs 22,842 crore with 28 banks. A case in this regard was registered against him by the CBI on February 7. Rishi Agarwal seems to be the nephew of Shashi Ruia and Ravi Ruia in a relationship. The Ruia brothers are the owners of the Essar Group. ABG Shipyard Limited has been the largest individual shipyard firm in the country. The company has built more than 165 ships in 16 years, of which 45 have been built for other countries. It has also built ships for the Navy and Coast Guard. 

ABG Shipyard has a capacity of 18,000 deadweight tonnes at Surat Shipyard and 1,20,000 deadweight tonnes at Dahej Shipyard. Rishi Agarwal is accused of misusing the loan in the name of the business. According to the CBI, 28 banks have been accused of defrauding 22,842 crore rupees. The CBI has also registered a case against Rishi Agarwal as well as the company's MD Santhan Muthuswamy and three directors Ashwani Kumar, Sushil Kumar Agarwal and Ravi Viman Nevetia. The CBI has registered cases of criminal conspiracy, cheating and criminal breach of trust against all the accused.

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