The government on Tuesday said investigations in the ABG Shipyard case were delayed because some state governments including Maharashtra had withdrawn the agency's power to probe and their approval for the case came much later.
Replying to a query in Rajya Sabha, Finance Minister Nirmala Sitharaman said there was no delay by the Centre in taking action after identification of fraud by the State Bank of India following the forensic report from Ernst & Young.
The minister also took a dig at the previous UPA government and said eight times money was given to ABG Shipyard, a company that was going through restructuring.
"There was not one credit enhancement after 2014," she said, adding it is the "biggest fraud perpetrated".
Sitharaman's reply came in support of Minister of State for Finance Bhagwat Karad, who was replying to a question from SP member Sukhram Singh Yadav, over delay in the CBI investigations in the ABG Shipyard matter.
Yadav also wanted to know the action taken ...
