x

Ezeego One Travel & Tours Limited booked by CBI for Rs. 946 crore fraud with Yes Bank

Shortpedia

Content Team
Image Credit: Shortpedia

Ezeego One Travel & Tours Limited, a sister company of Cox and Kings Limited, has been booked by the Central Bureau of Investigation after Yes Bank Limited filed a complaint against the firm for defrauding the bank of over Rs 900 crore. An amount of Rs. 946.44 crore was diverted and the account was reported as fraud to the Reserve Bank of India on February 14, 2020. Ezeego had got a credit worth Rs 650 crore from Yes Bank in 2017.