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Oriental Insurance Company premises raided by CBI

Central Bureau of Investigation (CBI) conducted raids on the premises of Oriental Insurance Company.Dharani Mishra, CBI spokesperson said that Oriental Insurance

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Last Updated - May 24, 2023
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Central Bureau of Investigation (CBI) conducted raids on the premises of Oriental Insurance Company.

Dharani Mishra, CBI spokesperson said that Oriental Insurance gave credit-based insurance policies to Paramount Airways, without following any procedures.

The CBI suspects that M Ramadoss, former Chairman and Managing Director of Oriental Insurance Company, entered into a conspiracy to favor Paramount Airways which is a low-cost airliner.

Click here for more updates and news on Oriental Insurance

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