The IDBI move came on 27 February against the Wadhawan brothers who are among the prime accused in what is billed as India's biggest banking fraud till date, that came to light in February 2022.
The Union Bank of India, leader of a 17-bank consortium, including the IDBI Bank, had lodged a complaint against the DHFL, Wadhawan siblings and others who allegedly hatched a criminal conspiracy to defraud the banks of a staggering amount of around Rs 43,000 crore.
Based on the UBI's complaint, the Central Bureau of Investigation (CBI) had filed its FIR in June 2022 against the Wadhawans, DHFL and others.
The CBI had said that the plot by the accused Wadhawan brothers and others induced the consortium of banks, mostly PSUs, to release huge loans totalling to Rs 42,871.42 crore.
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