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CBI chargesheets IRB Infra chairman, others

DNMUM402619 | 12/8/2017 | Author : Ateeq Shaikh | WC :140 | Business & Economy

Mumbai: IRB Infrastructure Developers’ Chairman and Managing Director Virendra Mhaiskar and others along with its subsidiary Aryan Infrastructure Investments Pvt Ltd (AIIPL) have been chargesheeted by the CBI in an alleged land scam, forcing the company’s share price to tank on Thursday.
An anomaly in the land deal along the Mumbai-Pune Expressway was exposed in 2009 by the slain Right to Information activist Satish Shetty. In January 2010, the Pune-based activist was stabbed to death in Talegaon off Mumbai-Pune Expressway, months after the scam was unearthed. CBI is yet to file a chargesheet on the activist’s murder.
Soon after the trading session began on Thursday, IRB Infrastructure Developers share prices fell to an int
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