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Crime
Ex-CSMCL MD Held in ₹172cr Scam
✍️ The Times of India
🗓 20 Jul 2026, 03:18 AM
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A former Managing Director of CSMCL has been arrested in connection with a ₹172-crore overtime payment scam. The arrest was made in relation to alleged irregularities in overtime payments.
The former Managing Director of CSMCL has been taken into custody in connection with a significant financial irregularity. The alleged scam involves overtime payments totaling ₹172 crore. The arrest indicates a serious investigation into the matter, suggesting that the authorities have found substantial evidence of wrongdoing. Further details about the case and the actions leading to the arrest are awaited, but the development underscores the commitment to addressing financial mismanagement and corruption.