CBI files case against Paramount promoters

Views: 30

New Delhi, May 5 (IANS) The CBI on Thursday filed a case against promoters of the now defunct Paramount Airways for allegedly cheating and defaulting on multi-crore loans taken from public sector banks.

Officials said search operations were on in at least seven locations in Chennai and Madurai. These include the office and residences of M. Thiagarajan, who headed the airline that started operations in 2005. It was closed in early 2010.



ALSO READ:   Four elephants killed in Odisha
Comments: 0

Your email address will not be published. Required fields are marked with *