SBI deputy MD Shyamal Acharya under CBI watch in Rs 400 cr loan scam– a Rolex and an Omega?

Nov 27 2013, 14:04 IST
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The CBI conducted simultaneous raids at various locations including offices and residences of Shyamal Acharya. Reuters The CBI conducted simultaneous raids at various locations including offices and residences of Shyamal Acharya. Reuters
SummarySBI's Shyamal Acharya has also handled many accounts, including Kingfisher Airlines.

was found in Shyamal Acharya's residence, along with a locker key and several ‘incriminating documents’. Gold and jewelry worth Rs 67 lakh have been seized from Shyamal Acharya's residence as well as papers relating to various fixed deposits. Kumra was produced before a special judge on Monday and has been remanded to police custody till Wednesday.

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