1. CBI registers FIR against Subhash Chandra over Rs 980 crore LICHFL loans

CBI registers FIR against Subhash Chandra over Rs 980 crore LICHFL loans

India

  • The CBI registered an FIR against media baron Subhash Chandra on Saturday over Rs 980 crore in loans from LICHFL.
  • LICHFL alleged the loans led to over Rs 1,322 crore in losses, citing inflated net worth certificates.
  • Certificates from 2018 valued Chandra's net worth at Rs 59,000 crore and Rs 40,562 crore respectively.
  • Chandra later disputed these figures, estimating his net worth at just Rs 31.79 crore in 2024.

Source: news18.com

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